Desai, Meghnad; Holler, Manfred J. - In: Homo Oeconomicus 18 (2002), pp. 429-436
It is shown that in an economy with non-marginal set-up costs on the capital side, which imply a minimum requirement of capital, production may be carried out by capitalist firms only, irrespective of the fact that workers can exchange work for capital so that labour-managed production seems...
