@techreport{Jerger2010fixed,
abstract = {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.},
address = {Regensburg},
author = {J\"{u}rgen Jerger and Jochen Michaelis},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-3-938980-32-3},
keywords = {330; Lohnbildung; Erfolgsbeteiligung; Lohnverhandlungen; Beschr\"{a}nkte Rationalit\"{a}t; Theorie},
language = {eng},
number = {283},
publisher = {Osteuropa-Inst.},
title = {The fixed wage puzzle: Why profit sharing is so hard to implement},
type = {Arbeiten aus dem Osteuropa-Institut Regensburg},
url = {http://hdl.handle.net/10419/57816},
year = {2010}
}
