Marginal productivity reward : a new justification
Working paper
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Date
2004-12Metadata
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- Discussion papers (SAM) [657]
Abstract
Marginal productivity reward has been justified either as a way of
ensuring efficiency or of respecting people’s self-ownership. Both these
arguments have their limitations. In this paper we present a new and
more general justification of marginal productivity reward that avoids the limitations of the traditional arguments.
Publisher
Norwegian School of Economics and Business Administration. Department of EconomicsSeries
Discussion paper2004:33