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

Walter Bossert; Marc Fleurbaey; Dirk Van De Gaer

doi:10.1007/s100580050025

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

Walter Bossert, Marc Fleurbaey, Dirk Van De Gaer

Research output: Contribution to journal › Article › peer-review

47 Scopus citations

Abstract

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.

Original language	English (US)
Pages (from-to)	35-55
Number of pages	21
Journal	Review of Economic Design
Volume	4
Issue number	1
DOIs	https://doi.org/10.1007/s100580050025
State	Published - 1999
Externally published	Yes

All Science Journal Classification (ASJC) codes

General Economics, Econometrics and Finance

Keywords

Compensation
Opportunities
Optimal tax
Second-best

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10.1007/s100580050025

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abstract = "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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KW - Opportunities

KW - Optimal tax

KW - Second-best

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

Abstract

All Science Journal Classification (ASJC) codes

Keywords

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