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On Second-Best Compensation

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Author Info

  • Bossert, W
  • Fleurbaey, M
  • Van de gaer, D

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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Bibliographic Info

Paper provided by University of Waterloo, Department of Economics in its series Working Papers with number 9601.

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Length: 32 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:wat:wpaper:9601

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Keywords: ECONOMIC MODELS;

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Cited by:
  1. Vito Peragine, 2004. "Measuring and implementing equality of opportunity for income," Social Choice and Welfare, Springer, vol. 22(1), pages 187-210, 02.
  2. FLEURBAEY, Marc & MANIQUET, François, 1998. "Optimal income taxation: and ordinal approach," CORE Discussion Papers 1998065, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Vitorocco Peragine, . "Responsibility Compensation and Income Distribution," Discussion Papers 98/13, Department of Economics, University of York.
  4. Erik Schokkaert & Kurt Devooght, 1999. "Responsibility-sensitive fair compensation in different cultures," LSE Research Online Documents on Economics 6574, London School of Economics and Political Science, LSE Library.
  5. Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August.
  6. Ricardo Arlegi & Jorge Nieto, 1998. "Equality of Opportunities: Cardinality-Based Criteria," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 9818, Departamento de Economía - Universidad Pública de Navarra.

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