A Mathematical Investigation of Some Economic Effects of Profit Sharing in Socialist Firms

This article examines some economic problems concerned with profit sharing in a Socialist economy. Two alternative systems of incentives have been made the subject of parallel investigations, comparing the effects which each of these systems have on the firm's behavior. We also examine some pro...

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Bibliographic Details
Published in:	Econometrica Vol. 30; no. 1; pp. 140 - 161
Main Authors:	Kornai, J., Lipták, T.
Format:	Journal Article
Language:	English
Published:	Menasha, Wis The Econometric Society 01.01.1962 George Banta Pub. Co. for the Econometric Society Blackwell Publishing Ltd
Subjects:	Approximation Capital costs Cost functions Costs Economic investment Economic policy Incentives Investigations Linear transformations Macroeconomics Monetary incentives Performance evaluation Production costs Profit sharing plans Profits Socialism Total output Unit costs
ISSN:	0012-9682, 1468-0262
Online Access:	Get full text
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