Nyssens, Marthe; Van der Linden, Bruno - Institut de Recherche Économique et Sociale (IRES), … - 1996
This article develops a (partial equilibrium) microeconomic theory of popular-economy organizations (PEOs). Motivated by empirical data on PEOs in Santiago de Chile, we show that they are labor-managed firms (LMFs) embedded in dense social networks where cooperation between worker-members plays...