On Second-Best Compensation
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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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: Waterloo, Ontario, N2L 3G1|
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