7,179 research outputs found

    Ownership, Incentives and Monitoring

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    This paper studies the effect of ownership structure on workers' incentives for investing in firm-specific human capital. Particularly, we analyse such incentivers and monitoring under employee ownership and capitalist ownership. In our model, the employee-owned firm is a firm bought by its workers who pay the competitive price. Under certain conditions, we show that the workers' investment and expected income are higher and the monitoring intensity is lower in an employee-owned firm than they are in a capitalist firm. We also show that the incentive effect of employee ownership increases as a worker's reservation wage decreases, as the monitoring cost or as the productivity uncertainty increases. Most of our results are consistent with the available empirical evidenceEmployee ownership, monitoring, incentives, property rights

    Revisit of directed flow in relativistic heavy-ion collisions from a multiphase transport model

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    We have revisited several interesting questions on how the rapidity-odd directed flow is developed in relativistic 197^{197}Au+197^{197}Au collisions at sNN\sqrt{s_{NN}} = 200 and 39 GeV based on a multiphase transport model. As the partonic phase evolves with time, the slope of the parton directed flow at midrapidity region changes from negative to positive as a result of the later dynamics at 200 GeV, while it remains negative at 39 GeV due to the shorter life time of the partonic phase. The directed flow splitting for various quark species due to their different initial eccentricities is observed at 39 GeV, while the splitting is very small at 200 GeV. From a dynamical coalescence algorithm with Wigner functions, we found that the directed flow of hadrons is a result of competition between the coalescence in momentum and coordinate space as well as further modifications by the hadronic rescatterings.Comment: 8 pages, 8 figures, version after major revisio

    Mirror energy difference and the structure of loosely bound proton-rich nuclei around A = 20

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    The properties of loosely bound proton-rich nuclei around A = 20 are investigated within the framework of nuclear shell model. In these nuclei, the strength of the effective interactions involving the loosely bound proton s1=2 orbit are significantly reduced in comparison with those in their mirror nuclei. We evaluate the reduction of the effective interaction by calculating the monopole-baseduniversal interaction (VMU) in the Woods-Saxon basis. The shell-model Hamiltonian in the sd shell, such as USD, can thus be modified to reproduce the binding energies and energy levels of the weakly bound proton-rich nuclei around A = 20. The effect of the reduction of the effective interaction on the structure and decay properties of these nuclei is also discussed.Comment: accepted by Physical Review
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