Reward and Responsibility: How Should We be Affected when Others Change their Effort?

Alexander Cappelen and Bertil Tungodden

Politics, Philosophy & Economics, 2003, vol. 2, issue 2, 191-211

Abstract: We look at how one should reward effort without rewarding talent. One way to approach this issue is to ask how an increase in one individual's effort should be allowed to affect the post-tax income of others. The article provides characterizations of three main classes of redistribution mechanism on the basis of how these answer this question.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pophec:v:2:y:2003:i:2:p:191-211

DOI: 10.1177/1470594X03002002003

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