Showing 1 - 10 of 3,533
pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011427661
This paper explores the concept of profit sharing as a prospective source of labour income. The paper suggests a paradigm shift: a synthesis of differing perspectives in wage formation to redefine the concept of labour income. The proposed arrangements attempt to conceptualise the productive...
Persistent link: https://www.econbiz.de/10012954902
pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011976604
This paper shows that increasing product market competition can have a direct impact on the employment relationship and … on wage inequality. I develop a simple model in which an increase in product market competition increases returns to … skill through the effect of competition on the sensitivity of profits to cost reductions. I then show empirically that …
Persistent link: https://www.econbiz.de/10013318592
of inventions into marketable innovations. This paper proposes a new institution, called a semi-public competition, that …-public competition can increase welfare. The results suggest that governments promote knowledge about the semi-public competition …
Persistent link: https://www.econbiz.de/10014216946
We model competition between risk-neutral principals who hire weakly risk-averse agents to produce a good of variable … then consider firms in competition, and identify parameter conditions under which (i) each firm induces high effort in the … increased competition leads to a "race to the bottom" in quality …
Persistent link: https://www.econbiz.de/10014222859
a national development strategy, induces incentives or forms of competition between multiple companies (between state … considered as a model analysis of "controlled competition" under "State Capitalism", in which the government participates in the … from the perspective of incentive design. In particular, in the long-term competition between two heterogeneous companies …
Persistent link: https://www.econbiz.de/10015052029
abuse of the large-scale accumulation of data should fall under data or privacy laws, this article argues that competition … law should investigate whether global platform competition has been established on merit alone and how digital dominance … has been strengthened through the downfall of emerging competition (the exclusionary harm) and the excessive combination …
Persistent link: https://www.econbiz.de/10013229288
I study the effect of increasing competition on financial performance through labour leverage. To capture competition …
Persistent link: https://www.econbiz.de/10012308288
attention to the role of domestic competition. We find that the welfare effect of FDI is largely non-monotonic, and there are … unions because it serves to soften price competition between them. The paper points out that welfare effects of outward FDI … hinges crucially on the nature of domestic competition, and policymakers must carefully take this aspect into consideration …
Persistent link: https://www.econbiz.de/10013155799