Profit-sharing in Cournot oligopoly


Stewart, Geoff (1989) Profit-sharing in Cournot oligopoly. Economics Letters, 31, (3), 221-224. (doi:10.1016/0165-1765(89)90003-7).

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Description/Abstract

It has been argued that, even if there are macroeconomic benefits, individual firms will not switch from a conventional wage system to profit-sharing. We show that while true for a monopolist, it does not generally hold under Cournot oligopoly.

Item Type: Article
ISSNs: 0165-1765 (print)
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Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HB Economic Theory
Divisions: University Structure - Pre August 2011 > School of Social Sciences > Economics
ePrint ID: 33038
Date Deposited: 28 Feb 2007
Last Modified: 27 Mar 2014 18:20
URI: http://eprints.soton.ac.uk/id/eprint/33038

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