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What is Fair Pay for Executives? An Information Theoretic Analysis of Wage Distributions

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  • Venkat Venkatasubramanian

Abstract

The high pay packages of U.S. CEOs have raised serious concerns about what would constitute a fair pay.

Suggested Citation

  • Venkat Venkatasubramanian, 2010. "What is Fair Pay for Executives? An Information Theoretic Analysis of Wage Distributions," Papers 1002.2269, arXiv.org.
  • Handle: RePEc:arx:papers:1002.2269
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    References listed on IDEAS

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    3. Champernowne,D. G. & Cowell,F. A., 1999. "Economic Inequality and Income Distribution," Cambridge Books, Cambridge University Press, number 9780521589598.
    4. Geoff Willis & Juergen Mimkes, 2004. "Evidence for the Independence of Waged and Unwaged Income, Evidence for Boltzmann Distributions in Waged Income, and the Outlines of a Coherent Theory of Income Distribution," Microeconomics 0408001, University Library of Munich, Germany.
    5. Arnab Chatterjee & Sitabhra Sinha & Bikas K. Chakrabarti, 2007. "Economic Inequality: Is it Natural?," Papers physics/0703201, arXiv.org, revised Mar 2007.
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    7. A. Chatterjee & B. K. Chakrabarti, 2006. "Kinetic market models with single commodity having price fluctuations," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 54(3), pages 399-404, December.
    8. Lucian A. Bebchuk & Jesse M. Fried, 2005. "Pay Without Performance: Overview of the Issues," Journal of Applied Corporate Finance, Morgan Stanley, vol. 17(4), pages 8-23, September.
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