Using data from a large cross-section of British establishments, we ask how different firm characteristics are associated with the predicted benefits to organizational performance from using team production. To compute the predicted benefits from using team production, we estimate structural...

This 12th edition of Advances in the Economic Analysis of Participatory and Labor-Managed Firms contains a stimulating collection of original papers spanning a wide variety of topics. Part 1 of the volume contains three papers on the subject of job design and organizational performance, covering...

Research Question/Issue: Do large, within-firm executive pay differences hurt firm performance? Prior literature shows mixed results concerning the sign of the relationship between executive pay disparity and firm performance. This study evaluates that literature, clarifies what tournament...

Using data from a large cross-section of British establishments, we ask how different firm characteristics are associated with the predicted benefits to organizational performance from using team production. To compute the predicted benefits from using team production, we estimate structural...

I estimate a structural model of teams, autonomy, and financial performance, using a cross section of British establishments. My findings suggest that team production improves financial performance for the typical establishment but that autonomous teams do no better than closely supervised or...

With the financial crisis and Great Recession some economists have begun to question the orthodox approach to production and capital/labor relations over the last two to three decades. The 12 contributions to this volume of Advances cover co-operatives; effects of worker participation on firm...