Knowledge is central to managing an organization, but its presence in employees is difficult to measure directly. We hypothesize that external communication patterns reveal the location of knowledge within the management team. Using a large database of firm conference call transcripts, we find...

We study equity in economies where agents are endowed with different, non-transferable, personal talents. To compensate them for such differences a given amount of money needs to be shared among them. We axiomatize a family of social orderings over allocations based on efficiency, fairness and...

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.

An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...

Common sense supports prevention policies aimed at improving survival prospects among the population. It is also widely acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short-lived individuals. This paper re-examines the...

In Social Choice Theory, Pareto-Unanimity is an important rule which is applied to compensation tests and therefore in justice. But, deductive logics show that Pareto- Unanimity implies dictatorship and therefore, Pareto-Unanimity is contradictory with non dictatorship. In the case of...

The main purpose of this study is to suggest the transparent mode of payment to expected internally displaced persons of Thar coalfields areas of district Tharparkar, Sindh province of Pakistan. According to national and international laws if people are displaced then they are being compensated...