dc.creator (作者) | Juin-jen Chang;Ching-chong Lai;林忠正 | en_US |
dc.date (日期) | 2003-03 | en_US |
dc.date.accessioned | 6-一月-2009 15:24:16 (UTC+8) | - |
dc.date.available | 6-一月-2009 15:24:16 (UTC+8) | - |
dc.date.issued (上傳時間) | 6-一月-2009 15:24:16 (UTC+8) | - |
dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/22326 | - |
dc.description.abstract (摘要) | This paper develops a double-sided moral hazard model to examine the productivity and employment effects of an intensifying profit-sharing scheme. We show that, in order to obtain the productivity-enhancing and employment-expanding effects, a profit-sharing scheme needs a supportive element of true sharing by the employer. If a double moral hazard exists for the worker`s effort and the firm`s declaration of true profits, a sharing scheme involving larger profit-related pay is not necessarily an effective policy for boosting work morale and employment. However, if the firm-side moral hazard problem is absent, the favorable effects of profit sharing are achieved. | - |
dc.format | application/ | en_US |
dc.language | en | en_US |
dc.language | en-US | en_US |
dc.language.iso | en_US | - |
dc.relation (關聯) | Journal of Comparative Economics,31(1),75-93 | en_US |
dc.subject (關鍵詞) | Profit sharing;Double moral hazard;Efficiency wages | - |
dc.title (題名) | Profit sharing, worker effort, and double-sided moral hazard in an efficiency wage model | en_US |
dc.type (資料類型) | article | en |