Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jan, 1962, Volume 30, Issue 1

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

https://doi.org/0012-9682(196201)30:1<140:AMIOSE>2.0.CO;2-V
p. 140-161

J. Kornai, T. Liptak

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 problems of price regulation. In the investigation both linear and nonlinear programming methods have been used.


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