The Transformation of Labour Managed Monopoly: Competition Policy Versus Mixed Firms

Rossini, Gianpaolo ; Scarpa, Carlo (1991) The Transformation of Labour Managed Monopoly: Competition Policy Versus Mixed Firms. Bologna: Dipartimento di Scienze economiche DSE, p. 24. DOI 10.6092/unibo/amsacta/5262. In: Quaderni - Working Paper DSE (102). ISSN 2282-6483.
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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.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Rossini, Gianpaolo0000-0001-9897-6682
Scarpa, Carlo
Subjects
ISSN
2282-6483
DOI
Deposit date
01 Jul 2016 07:55
Last modified
01 Jul 2016 07:55
URI

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