Details

Subject(s)

• Competition, Imperfect—Mathematical models [Browse]
• Unemployment—Effect of inflation on—Mathematical models [Browse]
• Wages—Mathematical models [Browse]

Series

• Routledge library editions. Economics ; X. [More in this series]
• Routledge library editions. Economics. Keynesian & post-Keynesian economics ; X [More in this series]

Summary note

Examining the relationship between employment and rates of pay, this book discusses how the choice between different forms of business organization may affect this relationship. For the purposes of the discussion a simple model of an imperfectly competitive economy is constructed and then examined in operation with different organizational forms for the competing firms. Chapters cover the following:
The Capitalist Wage Economy; The Non-Discriminating Labour Co-operative; The Capitalist Sharing Economy; Discriminating Labour-Capital Partnerships.

Notes

"First published in 1986"--T.p. verso.

Bibliographic references

Includes bibliographical references and index.

Source of description

Description based on online resource; title from PDF title page (ebrary, viewed November 13, 2013).

Language note

English

Contents

• Cover; Title page; Copyright page; Contents; Preface; I Introduction; Note on Notation; Note on the Principles of Discrimination and Non-Discrimination; II The Structure of the Model; (a) The Market Structure; (b) The Welfare Measure; (c) The Production Function; (d) The Demand-Management Structure; III The Capitalist Wage Economy; (a) The Nature of the Capitalist Wage Economy; (b) The Capitalist Wage Economy with Unemployment and a Given Number of Firms; (c) The Capitalist Wage Economy with Unemployment and a Market-Determined Number of Firms; Note on the Cost of Entry of a New Firm
• Note on a Geometrical Illustration of the Equilibrium Relationships between π and γ(d) The Full-Employment Capitalist Wage Economy with a Given Number of Firms; (e) The Full-Employment Capitalist Wage Economy with a Market-Determined Number of Firms; IV The Non-Discriminating Labour Co-operative; (a) The Nature of a Non-Discriminating Labour Co-operative; (c) Reconciliation with the Classical Analysis of Labour Co-operatives; (d) Full-Employment in a Non-Discriminating Labour Co-operative Economy; (e) Factors Affecting the Number of Co-operatives
• (f) Concluding Observations on the Non-Discriminating Labour Co-operative(b) The Instability of the Non-Discriminating Labour Co-operative Economy; V The Capitalist Sharing Economy; (a) Two Forms of the Capitalist Sharing Economy; (b) The Capitalist Sharing Economy with Rigid Pay Parameters and Unemployment; (c) The Capitalist Sharing Economy with Rigid Pay Parameters and Full Employment; (d) The Effect of Rigid Pay Parameters on the Number of Firms; (e) Competition with Fixed-Wage Firms; (f) Survival through Flexibility of the Pay Parameters
• Note on a Geometrical Illustration of the Adjustment of a Flexible s Parameter in a Pure Share Economy(g) Full Employment through Full Flexibility; (h) Concluding Observations on the Capitalist Share Economy; VI Discriminating Labour-Capital Partnerships; (a) The Objectives of Discriminating Labour-Capital Partnerships; (b) Outline of a Pure Discriminating Labour-Capital Partnership; (c) Partial Discriminating Labour-Capital Partnerships and the Distribution of Risks; (d) The Implications of Security of Employment; (e) Some Remaining Conflicts of Interest; (f) Participation in Decision-Making
• (g) The Implications of the Principle of Discrimination(h) Concluding Observations on Discriminating Labour-Capital Partnerships; Select Bibliography; Index

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ISBN

• 1-134-56198-9
• 0-415-60790-6
• 1-315-88902-1
• 1-134-56191-1

OCLC

• 870591469
• 868972630

Doi

• 10.4324/9781315889023

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