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The General Theory of Labor-managed Market Economies

The General Theory of Labor-managed Market Economies PDF Author: Jaroslav Vanek
Publisher: Ithaca : Cornell University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 440

Book Description
Monograph presenting an economic theory in support of a new economic system based on workers' self-management (workers participation) - covers the equilibrium of a competitive enterprise and changing market conditions, the decentralization of decision making, labour supply functions, economic policy problems, 'income sharing' (wages) and wage incentive, the allocation of economic resources, legal aspects and basic institutional forms of the labour-managed economy, etc. Diagrams and references.

The Labor-Managed Firm

The Labor-Managed Firm PDF Author: Gregory K. Dow
Publisher:
ISBN: 9781108518260
Category :
Languages : en
Pages :

Book Description
This book uses economic theory to argue that labor-managed firms are rare due to market failures rather than any inherent organizational defects

The General Theory of Labor-managed Market Economies

The General Theory of Labor-managed Market Economies PDF Author: Jaroslav Vanek
Publisher: Ithaca : Cornell University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 440

Book Description
Monograph presenting an economic theory in support of a new economic system based on workers' self-management (workers participation) - covers the equilibrium of a competitive enterprise and changing market conditions, the decentralization of decision making, labour supply functions, economic policy problems, 'income sharing' (wages) and wage incentive, the allocation of economic resources, legal aspects and basic institutional forms of the labour-managed economy, etc. Diagrams and references.

The Labor-Managed Firm

The Labor-Managed Firm PDF Author: Gregory K. Dow
Publisher: Cambridge University Press
ISBN: 1107132975
Category : Business & Economics
Languages : en
Pages : 431

Book Description
This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.

The Theory of the Labor-Managed Firm

The Theory of the Labor-Managed Firm PDF Author: Gregory K. Dow
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
The economic theory of the labor-managed firm dates back 60 years. Here I review the intellectual history of this field, with critical remarks and proposals for future development. The decades of the 1960s-1980s saw a burst of theoretical speculation that generally did not hold up well under empirical scrutiny. By the 1990s, progress on the mainstream theory of the firm was overtaking some of this early research. At the same time, a growing body of econometric work on labor-managed firms was providing new stylized facts for theorists to explain. While the earlier period was characterized by an excess supply of theories relative to facts, more recently the balance has begun to tip in the opposite direction. I close by suggesting new theoretical directions that might shed light on the empirical asymmetries between capital-managed and labor-managed firms.

Governing the Firm

Governing the Firm PDF Author: Gregory K. Dow
Publisher: Cambridge University Press
ISBN: 9780521522212
Category : Business & Economics
Languages : en
Pages : 346

Book Description
Table of contents

The Labor-managed Economy

The Labor-managed Economy PDF Author: Jaroslav Vanek
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

Book Description
Monograph comprising an evaluation of workers self management experiences in Peru and Yugoslavia - discusses the solutions to macroeconomics problems such as unequal income distribution, decision making on capital investment, and labour productivity within self-managed firms, etc., and considers micro and macro economic theory relating to efficiency and competition. Graphs and references.

A Theory of the Labor-managed Firm Embedded in Popular Culture

A Theory of the Labor-managed Firm Embedded in Popular Culture PDF Author: Marthe Nyssens
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

Book Description


On the Economic Theory of the Labor Managed Firm Under Socialism

On the Economic Theory of the Labor Managed Firm Under Socialism PDF Author: Michael Conte
Publisher:
ISBN:
Category : Employee ownership
Languages : en
Pages : 176

Book Description
short term financing limitations.

Economics of Cooperation and the Labour-Managed Economy

Economics of Cooperation and the Labour-Managed Economy PDF Author: J. Bonin
Publisher: Taylor & Francis
ISBN: 1136471456
Category : Business & Economics
Languages : en
Pages : 208

Book Description
Discusses the theory of labour-managed firms or producers' cooperatives, and of economies companies principally of such firms.

Theory of the Labor-managed Firm

Theory of the Labor-managed Firm PDF Author: Sonja Novkovic
Publisher:
ISBN:
Category : Employee ownership
Languages : en
Pages : 302

Book Description
"This thesis presents a new approach to the theory of the labor-managed firm, based on the case of the Yugoslavian labor-managed economy. Instead of income per worker maximization, we suggest that a labor-managed firm in a certain environment and given institutional setting maximizes revenue, while under uncertainty another approach is taken, namely that of social welfare maximization." --