The fixed wage puzzle: why profit sharing is so hard to implement
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...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Regensburg
Osteuropa-Inst.
April 2010
|
| Schriftenreihe: | Arbeiten aus dem Osteuropa-Institut Regensburg
Nr. 283 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | 7 S. |
| ISBN: | 9783938980323 |
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| 520 | 8 | |a 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. | |
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Datensatz im Suchindex
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| id | DE-604.BV036661151 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T22:45:10Z |
| institution | BVB |
| isbn | 9783938980323 |
| language | English |
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| physical | 7 S. |
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| publishDate | 2010 |
| publishDateSearch | 2010 |
| publishDateSort | 2010 |
| publisher | Osteuropa-Inst. |
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| series | Arbeiten aus dem Osteuropa-Institut Regensburg |
| series2 | Arbeiten aus dem Osteuropa-Institut Regensburg |
| spelling | Jerger, Jürgen 1965- Verfasser (DE-588)121170381 aut The fixed wage puzzle why profit sharing is so hard to implement Jürgen Jerger and Jochen Michaelis Regensburg Osteuropa-Inst. April 2010 7 S. txt rdacontent n rdamedia nc rdacarrier Arbeiten aus dem Osteuropa-Institut Regensburg Nr. 283 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. Michaelis, Jochen 1959- Verfasser (DE-588)133300471 aut Erscheint auch als Online-Ausgabe kostenfrei Langzeitarchivierung durch die Bayerische Staatsbibliothek urn:nbn:de:bvb:12-babs2-0000285418 Arbeiten aus dem Osteuropa-Institut Regensburg Nr. 283 (DE-604)BV035005709 283 http://www.oei-dokumente.de/publikationen/wp/wp-283.pdf Verlag kostenfrei Volltext |
| spellingShingle | Jerger, Jürgen 1965- Michaelis, Jochen 1959- The fixed wage puzzle why profit sharing is so hard to implement Arbeiten aus dem Osteuropa-Institut Regensburg |
| title | The fixed wage puzzle why profit sharing is so hard to implement |
| title_auth | The fixed wage puzzle why profit sharing is so hard to implement |
| title_exact_search | The fixed wage puzzle why profit sharing is so hard to implement |
| title_full | The fixed wage puzzle why profit sharing is so hard to implement Jürgen Jerger and Jochen Michaelis |
| title_fullStr | The fixed wage puzzle why profit sharing is so hard to implement Jürgen Jerger and Jochen Michaelis |
| title_full_unstemmed | The fixed wage puzzle why profit sharing is so hard to implement Jürgen Jerger and Jochen Michaelis |
| title_short | The fixed wage puzzle |
| title_sort | the fixed wage puzzle why profit sharing is so hard to implement |
| title_sub | why profit sharing is so hard to implement |
| url | http://www.oei-dokumente.de/publikationen/wp/wp-283.pdf |
| volume_link | (DE-604)BV035005709 |
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