Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062547 | Economics Letters | 2006 | 6 Pages |
Abstract
This paper models an optimal incentive contract and a simple partnership with CES production functions. The results suggest that when employee inputs are complements, firm-wide incentives such as profit sharing and partnerships are quite valuable, even in large firms.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christopher P. Adams,