Cooperation in a Fixed-Membership Labour-Managed Enterprise.
Conditions are examined under which we can ensure efficiency in a fixed-membership labor-managed firm when the preferences of members over labor and income are unknown. The main result is the derivation of a necessary and sufficient condition on technology that ensures that we can find some reward s...
| Главный автор: | |
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| Формат: | Journal article |
| Язык: | English |
| Опубликовано: |
Elsevier
1982
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| _version_ | 1826284761250791424 |
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| author | Browning, M |
| author_facet | Browning, M |
| author_sort | Browning, M |
| collection | OXFORD |
| description | Conditions are examined under which we can ensure efficiency in a fixed-membership labor-managed firm when the preferences of members over labor and income are unknown. The main result is the derivation of a necessary and sufficient condition on technology that ensures that we can find some reward scheme that gives efficient outcomes. Some commonly suggested reward schemes are examined and it is shown that assumptions that have been used to simplify previous analysis are, in fact, critical to many of the results that have been obtained. |
| first_indexed | 2024-03-07T01:18:42Z |
| format | Journal article |
| id | oxford-uuid:8f96837c-aa84-44e2-9a37-8d58c916dcdf |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T01:18:42Z |
| publishDate | 1982 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:8f96837c-aa84-44e2-9a37-8d58c916dcdf2022-03-26T23:05:28ZCooperation in a Fixed-Membership Labour-Managed Enterprise.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:8f96837c-aa84-44e2-9a37-8d58c916dcdfEnglishDepartment of Economics - ePrintsElsevier1982Browning, MConditions are examined under which we can ensure efficiency in a fixed-membership labor-managed firm when the preferences of members over labor and income are unknown. The main result is the derivation of a necessary and sufficient condition on technology that ensures that we can find some reward scheme that gives efficient outcomes. Some commonly suggested reward schemes are examined and it is shown that assumptions that have been used to simplify previous analysis are, in fact, critical to many of the results that have been obtained. |
| spellingShingle | Browning, M Cooperation in a Fixed-Membership Labour-Managed Enterprise. |
| title | Cooperation in a Fixed-Membership Labour-Managed Enterprise. |
| title_full | Cooperation in a Fixed-Membership Labour-Managed Enterprise. |
| title_fullStr | Cooperation in a Fixed-Membership Labour-Managed Enterprise. |
| title_full_unstemmed | Cooperation in a Fixed-Membership Labour-Managed Enterprise. |
| title_short | Cooperation in a Fixed-Membership Labour-Managed Enterprise. |
| title_sort | cooperation in a fixed membership labour managed enterprise |
| work_keys_str_mv | AT browningm cooperationinafixedmembershiplabourmanagedenterprise |