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dc.contributor.authorJerger, Jürgenen_US
dc.contributor.authorMichaelis, Jochenen_US
dc.date.accessioned2010-04-16en_US
dc.date.accessioned2012-04-04T13:56:26Z-
dc.date.available2012-04-04T13:56:26Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/56587-
dc.description.abstractIt 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.en_US
dc.language.isoengen_US
dc.publisherUniv., Dep. of Business Administration & Economics Marburgen_US
dc.relation.ispartofseriesJoint discussion paper series in economics 13-2010en_US
dc.subject.jelE24en_US
dc.subject.jelJ33en_US
dc.subject.ddc330en_US
dc.subject.keywordprofit sharingen_US
dc.subject.keywordshare economyen_US
dc.subject.keywordremuneration systemsen_US
dc.subject.stwLohnbildungen_US
dc.subject.stwErfolgsbeteiligungen_US
dc.subject.stwLohnverhandlungenen_US
dc.subject.stwBeschränkte Rationalitäten_US
dc.subject.stwTheorieen_US
dc.titleThe fixed wage puzzle: Why profit sharing is so hard to implementen_US
dc.typeWorking Paperen_US
dc.identifier.ppn623861259en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:MAGKS Joint Discussion Paper Series in Economics, Universität Marburg

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