Articles tagged with Fairness
A new study found that CEO overpayment has a higher cost than previously realized, cascading down to lower employee levels. The research also revealed that CEOs serve as a key referent for employees determining fair pay, leading to turnover effects.
A new study from the University of Chicago Press Journals reveals that consumers perceive price hikes differently for material goods and services. Consumers consider fair price increases when costs associated with production or provision increase, but not when service costs and vendor profits are linked.
Richard Horton argues that the GMC is not equipped to handle complex medical-law cases and advocates for a Royal Commission to improve judicial processes and strengthen child protection services. The causes of Sally Clark's sons' deaths remain unascertained, highlighting the need for a broader approach to learning from the Clark case.
Researchers found that brown capuchin monkeys refused previously acceptable rewards if they witnessed their partners receiving higher-value rewards for equal or less work. This study provides insight into how humans develop emotional reactions to fairness in economic interactions.
The survey shows strong support for indexing the retirement age to increases in life expectancy. However, actuaries opposed individual accounts and favored limiting investment choices if enacted. Most respondents disagreed with adjusting benefits based on retiree-to-worker ratio.