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On Second-Best Compensation

Walter Bossert, Marc Fleurbaey and Dirk Van de gaer

Working Papers from University of Waterloo, Department of Economics

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.

Keywords: ECONOMIC; MODELS (search for similar items in EconPapers)
Pages: 32 pages
Date: 1996
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Citations: View citations in EconPapers (6)

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Working Paper: On second-best compensation (1996)
Working Paper: On Second-Best Compensation (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:wat:wpaper:9601

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