Dokument
| Titel: | The Fixed Wage Puzzle: Why Profit Sharing Is So Hard to Implement |
| Autor: | Jerger, Jürgen |
| Weitere Verfasser: | Michaelis, Jochen |
| Veröffentlicht: | 2010 |
| URI: | https://archiv.ub.uni-marburg.de/es/2024/0043 |
| DOI: | https://doi.org/10.17192/es2024.0043 |
| ISSN: | 1867-3678 |
| DDC: | 330 Wirtschaft |
| Publikationsdatum: | 2024-01-02 |
| Lizenz: | https://creativecommons.org/publicdomain/mark/1.0 |
| Schlagwörter: |
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| Remuneration Systems, Profit Sharing, Share Economy |
Summary:
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 acceptableto both firms and unions.
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