New theory on fairness in economics targets CEO pay

Tuesday, November 3, 2009 - 14:56 in Mathematics & Economics

(PhysOrg.com) -- Chief executives in 35 of the top Fortune 500 companies were overpaid by about 129 times their "ideal salaries" in 2008, according to a new type of theoretical analysis proposed by a Purdue University researcher to determine fair CEO compensation.

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