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Profit-sharing in Cournot oligopoly

Profit-sharing in Cournot oligopoly
Profit-sharing in Cournot oligopoly
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.
0165-1765
221-224
Stewart, Geoff
a94573f3-bb92-416f-ba18-3c6272224d18
Stewart, Geoff
a94573f3-bb92-416f-ba18-3c6272224d18

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

Record type: Article

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.

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Published date: 1989

Identifiers

Local EPrints ID: 33038
URI: http://eprints.soton.ac.uk/id/eprint/33038
ISSN: 0165-1765
PURE UUID: 74830d66-e150-483c-b25a-a324ae79813a

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Date deposited: 28 Feb 2007
Last modified: 15 Mar 2024 07:41

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Author: Geoff Stewart

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