Responsibility, talent, and compensation: A second-best analysis

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:	1999-02-09
Authors:	gaer, Dirk Van de ; Fleurbaey, Marc ; Bossert, Walter
Published in:	Review of Economic Design. - Springer. - Vol. 4.1999, 1, p. 35-55
Publisher:	Springer
Subject:	Compensation \| optimal tax \| second-best \| opportunities

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: 5 March 1997 / Accepted: 19 August 1998
Classification:	D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D71 - Social Choice; Clubs; Committees; Associations ; H21 - Efficiency; Optimal Taxation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005596541