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https://doi.org/10.1007/s100580050025
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Cite Journal: Review of Economic Design |  Publication Date: Feb 1, 1999 |
 Citations: 80 |
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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