EconStor >
Justus-Liebig-Universität Gießen (JLU) >
Zentrum für Internationale Entwicklungs- und Umweltforschung (ZEU), Universität Gießen >
Discussion Papers, ZEU, JLU Gießen >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/39810
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorGöcke, Matthiasen_US
dc.date.accessioned2009-12-02en_US
dc.date.accessioned2010-09-09T09:50:41Z-
dc.date.available2010-09-09T09:50:41Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/39810-
dc.description.abstractEfficiency wage effects of profit sharing are combined with option values related to stochastic future pofit variations. These option effects occur if the workers' profit share is fixed by long-term contracts. The Pareto-improving optimal level of the sharing ratio is calculated for two different scenarios. First, if the firm can unilaterally decide, the expected present value of net profits is maximised. Second, if the sharing ratio is based on bilateral Nash bargaining. Since a larger variation of revenues implies a higher redistribution of future profits, the inclusion of expected variations results in a lower worker's profit ratio in both scenarios.en_US
dc.language.isoengen_US
dc.publisherZEU Giessenen_US
dc.relation.ispartofseriesDiskussionsbeiträge // Zentrum für internationale Entwicklungs- und Umweltforschung 42en_US
dc.subject.jelD81en_US
dc.subject.jelJ33en_US
dc.subject.ddc330en_US
dc.subject.stwErfolgsbeteiligungen_US
dc.subject.stwEffizienzlohnen_US
dc.subject.stwLohnverhandlungstheorieen_US
dc.subject.stwEntscheidung bei Unsicherheiten_US
dc.subject.stwSpieltheorieen_US
dc.subject.stwTheorieen_US
dc.titleEfficiency wages and negotiated profit-sharing under uncertaintyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn614078792en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zeudps:42-
Appears in Collections:Discussion Papers, ZEU, JLU Gießen

Files in This Item:
File Description SizeFormat
614078792.pdf470.16 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.