Why Has CEO Pay Increased So Much?¶
Gabaix, X., & Landier, A. (2008). Why Has CEO Pay Increased So Much?. Quarterly Journal of Economics, 123(1), 49-100.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Winner Take All Market
- In executive compensation, pay relative to the next tier has grown faster than measurable skill differentials, plausibly reflecting tournament-style convexity.
This sourceModels executive pay via competitive assignment in which small talent differences map to large pay differences scaling with firm size.
- In executive compensation, pay relative to the next tier has grown faster than measurable skill differentials, plausibly reflecting tournament-style convexity.
Verification¶
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