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On second-best compensation

Author

Listed:
  • W. Bossert
  • M. Fleurbaey
  • D. Van de gaer

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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Suggested Citation

  • W. Bossert & M. Fleurbaey & D. Van de gaer, 1996. "On second-best compensation," THEMA Working Papers 96-07, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    • Handle: RePEc:ema:worpap:96-07
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    Cited by:

    1. Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August.
    2. Erik Schokkaert & Kurt Devooght, 2003. "Responsibility-sensitive fair compensation in different cultures," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(2), pages 207-242, October.
    3. Herrero, Carmen & Iturbe-Ormaetxe, Inigo & Nieto, Jorge, 1998. "Ranking opportunity profiles on the basis of the common opportunities," Mathematical Social Sciences, Elsevier, vol. 35(3), pages 273-289, May.
    4. Vitorocco Peragine, "undated". "Responsibility Compensation and Income Distribution," Discussion Papers 98/13, Department of Economics, University of York.
    5. Kranich, Laurence, 1997. "Equalizing opportunities through public education when innate abilities are unobservable," UC3M Working papers. Economics 7216, Universidad Carlos III de Madrid. Departamento de Economía.
    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.
    7. FLEURBAEY, Marc & MANIQUET, François, 1998. "Optimal income taxation: and ordinal approach," LIDAM Discussion Papers CORE 1998065, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    8. Vito Peragine, 2004. "Measuring and implementing equality of opportunity for income," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 22(1), pages 187-210, February.
    9. Maniquet, Francois, 1998. "An equal right solution to the compensation-responsibility dilemma," Mathematical Social Sciences, Elsevier, vol. 35(2), pages 185-202, March.

    More about this item

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)

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