Businesses Empowered to Maximize Profits Without Exploiting Employees
This study explores how a boss can pick the best project for employees without knowing all the details about each project's value to both parties. They look at a scenario where project profits and payoffs are secret but can't be overstated by workers. The focus is on designing a fair system that boosts the boss's profit without using tricky tactics. The researchers figured out a clear way to create fair plans that keep everyone honest and maximize profit. In cases where there are just two projects, a straightforward method called a cutoff mechanism works best and is likely the top choice for fair planning in this setup.