Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/158945 
Year of Publication: 
1991
Series/Report no.: 
Quaderni - Working Paper DSE No. 102
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
Starting from a market monopolized by a two plant labour-managed (LM) firm, we consider alternative ways to reduce the inefficiencies associated with this market arrangement. The first possibility is the creation of a duopoly, in which a plant is turned into a LM firm, while the other one is either LM, or is managed to maximize profits. The second one is the negotiated creation of a "mixed firm", managed by workers and Government representatives. Its objective function reflects the different goals of its participants. Welfare comparisons purport the mixed duopoly as the preferable solution.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
159.68 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.