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cooperative behavior. …
Persistent link: https://www.econbiz.de/10010884115
In this paper, we examine major trends and potential for cooperatives in the context of four prominent socio-economic issues: the lack of jobs, economic and social inequality, educational mobility, and the priority need for innovations. We present recent data on the amount and types of job...
Persistent link: https://www.econbiz.de/10010884382
gift reciprocate with greater loyalty and effort. But ESPPs diverge from standard gift exchange or efficiency wage models …
Persistent link: https://www.econbiz.de/10010959665
the understanding of the allocative efficiency effects of worker participation. …
Persistent link: https://www.econbiz.de/10010959705
Workers in cooperatives are self-employed workers and, if they resemble employees in conventional workplaces, they care about the length of their working hours. In this paper, their choice of hours is characterized as a conventional labor supply decision and a familiar hours-wage relationship is...
Persistent link: https://www.econbiz.de/10010959719
Are high-ability individuals more likely to quit egalitarian regimes? Does the threat of exit by talented individuals restrict the redistributive capacity of democratic organizations? This paper revisits that long-standing debate by analyzing the interplay between compensation structure and quit...
Persistent link: https://www.econbiz.de/10011271976
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...
Persistent link: https://www.econbiz.de/10005233888
We investigate the relationship between the slope of the wage-tenure profile and the level of monitoring across two cross sections of matched employer-employee British data. Our theoretical model predicts that increased monitoring leads to a decline in the slope of the wage-tenure profile. Our...
Persistent link: https://www.econbiz.de/10005762341
behavior nonetheless give their on-the-job interactions the character of a social dilemma. Firms therefore suffer efficiency … preferences, but are much more cooperative than students. Among messengers, we find that employees at firms that pay for … performance are significantly less cooperative than those who are paid hourly or are members of cooperatives. To examine whether …
Persistent link: https://www.econbiz.de/10005703260
Monitoring by peers is often an effective means of attenuating incentive problems. Most explanations of the efficacy of mutual monitoring rely either on small group size or on a version of the Folk theorem with repeated interactions which requires reasonably accurate public information...
Persistent link: https://www.econbiz.de/10005703699