Abstract
Part 1: A historical precedent - sharecropping. Part 2 Basic models: alternative sharing schemes revenue sharing team piece rate sliding scale a wage-fund system. Part 3 The free access system. Part 4 The demand for capital in the share economy: excess demand for factors in long-run equilibrium the demand for capital with fixed compensation parameters. Part 5 Wage bargaining in the share economy: employment-restraining agreements under revenue sharing revenue sharing in an insider-outsider model revenue sharing in a monopoly union model. Part 6 Efficiency eages in the share economy: the supply of effort in a share system profit maximisation efficiency wage and the demand for labour market equilibrium and comparative statics gains and losses from revenue sharing. Part 7 Risk sharing in the share economy: privately superior wage contracts privately superior share contracts. Part 8 A discriminating share system: Meade's blueprint the DLCP at work-problems and complications system stability and property rights.
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