It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreements are (far) less than ubiquitous, however. This paper offers a solution of this ”fixed wage puzzle“ by adopting a perspective of bounded rationality. We show that share arrangements that fulfill ”plausible“ constraints are not generally acceptable to both firms and unions
This paper analyses whether wages in Germany respond to firm-specific profitability conditions. Part...
This paper investigates the effects of the introduction of a profit-sharing rule and a profit tax/su...
This paper shows how profit sharing by firms with workers always facilitates increased collusion amo...
It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreem...
This paper analyses the optimal wage contract when firms face demand uncertainty and workers care ab...
This paper studies a strategic aspect of profit-sharing in an oligopolistic industry with a monopoly...
Profit sharing schemes have been analysed assuming Cournot competition and decentralised wage negoti...
Weitzman (1983, 1984, 1985, 1986 and 1987) strongly advocated policy measures to introduce profit sh...
M. Weitzman's "share economy" received in recent years considerable attention from economists and po...
Profit sharing concept fascinates various points of views, such as decision makers, media, academici...
© The Author(s) 2019. We consider how the outcome of bargaining varies with changes in the trade-off...
In a right-to-manage framework, this paper analyzes the optimal choice of the pay scheme (profit sha...
On some strategic properties of profit-sharing systems in industry We examine the properties of pro...
We analyse the two-dimensional Nash bargaining solution (NBS) by deploying the standard labour marke...
Explicit Versus Implicit Profit Sharing and the Determination of Wages by Sandeep Bhargava and Tim J...
This paper analyses whether wages in Germany respond to firm-specific profitability conditions. Part...
This paper investigates the effects of the introduction of a profit-sharing rule and a profit tax/su...
This paper shows how profit sharing by firms with workers always facilitates increased collusion amo...
It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreem...
This paper analyses the optimal wage contract when firms face demand uncertainty and workers care ab...
This paper studies a strategic aspect of profit-sharing in an oligopolistic industry with a monopoly...
Profit sharing schemes have been analysed assuming Cournot competition and decentralised wage negoti...
Weitzman (1983, 1984, 1985, 1986 and 1987) strongly advocated policy measures to introduce profit sh...
M. Weitzman's "share economy" received in recent years considerable attention from economists and po...
Profit sharing concept fascinates various points of views, such as decision makers, media, academici...
© The Author(s) 2019. We consider how the outcome of bargaining varies with changes in the trade-off...
In a right-to-manage framework, this paper analyzes the optimal choice of the pay scheme (profit sha...
On some strategic properties of profit-sharing systems in industry We examine the properties of pro...
We analyse the two-dimensional Nash bargaining solution (NBS) by deploying the standard labour marke...
Explicit Versus Implicit Profit Sharing and the Determination of Wages by Sandeep Bhargava and Tim J...
This paper analyses whether wages in Germany respond to firm-specific profitability conditions. Part...
This paper investigates the effects of the introduction of a profit-sharing rule and a profit tax/su...
This paper shows how profit sharing by firms with workers always facilitates increased collusion amo...
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