Skill, value and remuneration in committees

被引:2
|
作者
Ben-Yashar, Ruth [1 ]
Nitzan, Shmuel [1 ,2 ]
机构
[1] Bar Ilan Univ, Dept Econ, IL-52900 Ramat Gan, Israel
[2] Hitotsubashi Univ, Hitotsubashi Inst Adv Study, Kunitachi, Tokyo, Japan
关键词
Decisional skills; Optimal decisional weights; Skill-dependent power; Remuneration;
D O I
10.1016/j.econlet.2018.10.037
中图分类号
F [经济];
学科分类号
02 ;
摘要
Relatively modest difference in individual decisional skills may warrant substantial inequality in personal remunerations. This implies that the return on investment in decisional skills may be very high. These claims are illustrated applying the uncertain dichotomous choice setting while clarifying the complex relationship between the individual skills, the individual optimal decisional weights and the skill dependent values, i.e., the individual probabilities to be pivotal. (C) 2018 Elsevier B.V. All rights reserved.
引用
收藏
页码:93 / 95
页数:3
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