Tuesday, October 2, 2012

once more on worker control

http://www.econ.brown.edu/1996/pdfs/96-21.pdf

 
work incentives
 
 
 
wealth constraints and credit rationing 
 
 
 
 risk aversion and insurance difficulties
 
 
 
 asset specificity and investment incentives 
 
 
 
 collective choice problems .