Public Policy Implications of Imperfections in the Market for Worker Participation
- 1 May 1992
- journal article
- research article
- Published by SAGE Publications in Economic and Industrial Democracy
- Vol. 13 (2) , 183-206
- https://doi.org/10.1177/0143831x92132003
Abstract
Increasing worker participation in decision-making can often increase productivity, but remains uncommon in the US. This paper reviews theories of why the market may produce less than the efficient amount of worker participation. A novel policy intervention in which tax subsidies are tied to multiple imperfect measures of participation is proposed.Keywords
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