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THE ECONOMICS OF A LABORMANAGED
LABOR MANAGEMENT AND CAPITAL MAINTENANCE
SELFMANAGED AND CAPITALIST BEHAVIOR
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adjustment agents agricultural allocation approach assets assumed assumption average behavior Bonin capitalist capitalist firm changes coefficients Comparative Economics comparative statics competitive constraint cooperative sector coops Cournot CPMF Croatia decision-making decisions demand dH/dhi Dreze earnings Economic Analysis effects efficiency enterprise Equation equilibrium prices estimates expected external financing factor factors of production FR-Firm Furubotn growth homothetic households Illyrian implicit contracts incentives increase individual industrial INRs investment projects Journal of Comparative labor income labor input labor supply labor-managed economy labor-managed firm literature LMFs marginal product maximize membership optimal output ownership participation Polish political price vector private sector problem product price production function profit Putterman rational reform resource utilization responses return on capital returns to scale scale function SCMR Section self-financing self-management share SLMF Slovenia socialized sector state-owned structure Svejnar theory unemployment value added Vanek variables Vojvodina wage Yugoslav Yugoslavia