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- W2095366729 abstract "Abstract A synthesis of profit-sharing and efficiency wage models is constructed to provide a preliminary account of how a firm determines its pay parameters, and why it chooses to be a profit-sharing or a fixed-wage firm. We find that the properties of the worker's effort function crucially influence the firm's choices between different compensation systems, and that the adoption of a profit-sharing scheme cannot guarantee the attainment of full employment. Other findings of the paper also seem to be very different from those of Weitzman's share model." @default.
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- W2095366729 date "2002-11-01" @default.
- W2095366729 modified "2023-10-18" @default.
- W2095366729 title "Profit sharing as a worker discipline device" @default.
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- W2095366729 doi "https://doi.org/10.1016/s0264-9993(01)00081-5" @default.
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