On Second-Best Compensation.

This paper examines how the first-best models of compensation based on the agents' talents and responsibilities analyzed in some recent contributions can be extended to a second-best context. A few social criteria are proposed and compared to alternative approaches by Roemer and Van de gaer.

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Year of publication:	1996
Authors:	Bossert, W ; Fleurbaey, M ; Van de gaer, D
Subject:	ECONOMIC MODELS

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Type of publication:	Book / Working Paper
Notes:	32 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005479313