#proceduralfairness — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #proceduralfairness, aggregated by home.social.
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Fairness Properties of Compensation Schemes https://d.repec.org/n?u=RePEc:ces:ceswps:_11943&r=&r=lma
"… the benefits of providing incentives need to be traded off against unintended side effects due to violation of employees’ #fairness norms
… pay inequality has a strong negative effect on perceived fairness. Controlling for pay #inequality, people consider piece rate schemes fairer than those with a discrete bonus and a tournament design
… if incentive contracts cannot be avoided, they should be designed carefully and motivated with reference to #proceduralFairness"
#LaborMarkets #wages
#ExperimentalEcon