Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/158945
Authors: 
Rossini, Gianpaolo
Scarpa, Carlo
Year of Publication: 
1991
Series/Report no.: 
Quaderni - Working Paper DSE 102
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: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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