Profit sharing and work sharing

Citation

Hart RA (1990) Profit sharing and work sharing. Economics Letters, 34 (1), pp. 11-14. https://doi.org/10.1016/0165-1765%2890%2990173-X

Abstract
This paper considers the employment and labour utilisation responses of a firm shifting from a conventional to a profit sharing compensation system. The standard Weitzman model is extended to incorporate both extensive and intensive labour margins.

Journal
Economics Letters: Volume 34, Issue 1