We investigate the relationship between pay, supervision and employee sharing. Our results suggest an inverse relationship between supervision and pay across both sharing and non-sharing firms, although the trade-off is somewhat assuaged within the former. This would appear to contradict instrumental efficiency wage considerations, but could be rationalised within a gift-exchange context. In te...

We investigate the role of incentives set by a parent firm for competition among its subsidiaries. In a Cournot experiment four subsidiaries of the same parent operate in the same market. Parents earn a specific share of the joint profit and can choose how to distribute the remaining surplus (or loss). Results show that parents allocating profits equally among their subsidiaries reach outcomes ...

Instrumental efficiency wage models predict an inverse relationship between wages and supervision with this relationship becoming more pronounced amongst firms that participate in some form of employee sharing. To be sure, our theoretical exposition predicts that an increase in total remuneration will elicit a larger cut in optimal monitoring in ‘sharing’ rather than ‘non sharing’ firms. In thi...

Some studies suggest that fishery yields can be higher with reserves than under conventional management. However, the economic performance of fisheries depends on economic profit, not fish yield. The predictions of higher yields with reserves rely on intensive fishing pressures between reserves; the exorbitant costs of harvesting low-density populations erode profits. We incorporated this effec...

A small printing company in Johannesburg has experienced a steady decline in profits over the past four years, and wishes to reverse this trend. The objective of this study was to assess the implementation of Lean Manufacturing in that context, and to determine the impact it had on the printing company’s profit margin. A process-mapping of the printing organization was performed; this process-m...

In this paper we prove a recent conjecture [Robnik M and Salasnich L 1997 J. Phys. A: Math. Gen. 3

The spectroscopic technique of resonant inelastic X-ray scattering (RIXS) will particularly profit from immensely improved brilliance of diffraction-limited storage rings (DLSRs). In RIXS one measures the intensities of excitations as a function of energy and momentum transfer. DLSRs will allow for pushing the achievable energy resolution, signal intensity and the sampled spot size to new limit...

In this paper the science underpinning the Beef Profit Partnerships project methodology is explained. The science is organised around headings associated with the six key elements of the project system model which was outlined in Paper 1 and is described in more detail in Paper 4. The headings are: (1) Focus, targets, outcomes and key measures; (2) Partnerships, networks, social infrastructure ...

M q ðxÞ 1⁄4 x T q ðxÞ x T q ðxÞ: (5) Since Jþi is a leading-twist operator, it is clear that such a simple partonic interpretation should exist. However, Ji, Xiong, and Yuan misleadingly interpret Jþi as the transverse angular momentum operator. Indeed, in light-front quantization, the role of time is taken by xþ, so that Jþi is the light-front transverse boost operator. In terms of the more co...

a classical theory is developed which calculates the momentum transfer rate constant between an ion and a non-polar molecule. the model takes into consideration the effect of diffraction outside the capture limit on the rate constants. the theory is used to calculate momentum transfer rate constant for cl- with trans-dichloroethylene and para-difluorobenzene. theoretical results are compared to...