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Fairness Is an Emergent Self-Organized Property of the Free Market for Labor

The excessive compensation packages of CEOs of U.S. corporations in recent years have brought to the foreground the issue of fairness in economics. The conventional wisdom is that the free market for labor, which determines the pay packages, cares only about efficiency and not fairness. We present a...

Ausführliche Beschreibung

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Bibliografische Detailangaben
1. Verfasser: Venkat Venkatasubramanian
Format: Artigo
Sprache:Inglês
Veröffentlicht: MDPI AG 2010-06-01
Schriftenreihe:Entropy
Schlagworte:
Online-Zugang:http://www.mdpi.com/1099-4300/12/6/1514/
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