Paying more doesn't always motivate people more or get more (quality) people to do a thing. Compensation and associated psychology is complicated, because people are complicated.
e.g. I am willingly working very hard at a job where I could make 10x or perhaps even 100x elsewhere with equal or less effort. And I often spend my time on things that are completely irrational by your types of economic measures or even "pay to work."
Paying more doesn't always motivate people more or get more (quality) people to do a thing. Compensation and associated psychology is complicated, because people are complicated.
e.g. I am willingly working very hard at a job where I could make 10x or perhaps even 100x elsewhere with equal or less effort. And I often spend my time on things that are completely irrational by your types of economic measures or even "pay to work."