Article Abstract:
The incentives that causes workers to absent themselves from work with no apparent reason was analyzed. This involved the application of a game theoretic model on labor-managed firms and profit-maximizing firms and a comparison of the resulting incentives and equilibria. It was found that incentives causes workers in a profit-maximizing market to show up too often, while in an egalitarian cooperative setting, members tend to under participate. However, this may not be the case for all egalitarian cooperatives.
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Article Abstract:
The reasons for variations in dividend and its impact on labor allocation in optimizing cooperatives are investigated. This study is applied to 59 Spanish cooperatives and variations are studied. The results show that increase in input has increased the output of the workers.
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Article Abstract:
The impact of business cycle and organizational structure on existence of French worker cooperatives, under capitalist economies, is examined.
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