HierarchyCEO PayHierarchical DespotismHierarchical PowerHierarchy Model Of IncomeSciences économiquesAnglais
Publié in Economics from the Top Down
Auteur Blair Fix
Does hierarchy mediate the growth of top incomes?
Does hierarchy mediate the growth of top incomes?
In 1957, Herbert Simon proposed that CEO pay had a simple explanation: it stemmed largely from rank in a hierarchy. His model was largely forgotton. Here’s a second look.