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CEO compensation that is perceived to be excessive regularly causes agitation in the population. Using German data, we show that perceiving CEO pay to be unjust has economic repercussions in terms of lower work morale.
Persistent link: https://www.econbiz.de/10010270046
We argue that economics – as the scientific method of analyzing trade-offs – can be helpful (and may even be indispensable) for assessing the trade-off between intergenerational and intragenerational justice. Economic analysis can delineate the “opportunity set” of politics with respect...
Persistent link: https://www.econbiz.de/10009356137
for redistribution. The ndings are supported by the respondents' fairness concerns. Estimated effects exhibit substantial … heterogeneity. There is systematic variation among fairness concerns with respect to income and health, which are triggered by … redistribution. Results suggest that "income-and health-dependent fairness concerns" exist. …
Persistent link: https://www.econbiz.de/10012195792
In their book Climate Change Justice, Eric Posner and David Weisbach advocate adoption of an economically optimal climate treaty coupled with foreign aid (to handle distributional issues with poor countries) and increased investment (to transfer funds to future generations harmed by climate...
Persistent link: https://www.econbiz.de/10014180269
We argue that economics – as the scientific method of analyzing trade-offs – can be helpful (and may even be indispensable) for assessing the trade-off between intergenerational and intragenerational justice. Economic analysis can delineate the “opportunity set” of politics with respect...
Persistent link: https://www.econbiz.de/10013113658
Zwei wesentliche Perspektiven, Arbeitslosigkeit zu untersuchen, sind die der Gerechtigkeit und die der Effizienz. Unverschuldete Arbeitslosigkeit wird als ungerecht empfunden. Zugleich wird häufig argumentiert, dass Arbeitslosigkeit zu gesellschaftlichen Wohlfahrtseinbußen führt, da Arbeit...
Persistent link: https://www.econbiz.de/10003592841
show that perceiving CEO pay to be unjust has economic repercussions in terms of lower work morale. -- Fairness ; Social …
Persistent link: https://www.econbiz.de/10003930801
measure of unfair inequality that reconciles two idely-held fairness principles: equality of opportunity and freedom from …
Persistent link: https://www.econbiz.de/10012172471
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … aversion. Furthermore, we show that an exclusive focus on top incomes may misguide fairness judgments. …
Persistent link: https://www.econbiz.de/10011874411
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … aversion. Furthermore, we show that an exclusive focus on top incomes may misguide fairness judgments. …
Persistent link: https://www.econbiz.de/10011864650