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The characteristics of endogenously determined sharing rules and the group-size paradox are studied in a model of group contest with the following features: (i) The prize has mixed privatepublic good characteristics. (ii) Groups can differ in marginal cost of effort and their membership size....
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-sharing selective incentives. …
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knowledge economy. Corporate taxes and labor income taxes can affect both the firm owner’s and the employee’s incentives to … incentives and reductions in the tax rate levied on profit sharing schemes. This complementarity holds, albeit with different … relative importance for the two tax incentives, also with non-deductible labor costs, with a stochastic innovation value …
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innovate or not, we propose that this decision is actually taken by their employees (agents). We compare the two tax incentives … tax incentives are found to play a role in fostering innovation. In addition we find important effects on the incentives …
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