TITLE

Paying the partners

AUTHOR(S)
Tideman, T.; Plassmann, Florenz
PUB. DATE
July 2008
SOURCE
Public Choice;Jul2008, Vol. 136 Issue 1/2, p19
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
When three or more individuals with disparate talents form a business partnership, they may find it difficult to agree on how their profits will be divided. This paper explores a rule for dividing the profits that depends only on the partners’ estimates of the relative contributions of other partners. No partner can affect his own share by the input that he provides. If there is a division that is consistent with the relative contributions suggested by all partners, then the division rule assigns these shares. We provide the intuition for the division rule and investigate several of its properties.
ACCESSION #
32484719

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics