More on alternative objectives of labor-managed firms

Nava Kahana, Shmuel Nitzan

Research output: Contribution to journalArticlepeer-review

17 Scopus citations


This paper focuses on an alternative theory of a labor-managed firm where the main behavioral assumption is profit per laborer maximization subject to an employment constraint, or, alternatively, employment maximization subject to a profit per laborer constraint. This theory and its implications are derived employing a standard duality approach. The results are then compared with those obtained in the theory of the traditional labor-managed firm which maximizes profit per laborer.

Original languageEnglish
Pages (from-to)527-538
Number of pages12
JournalJournal of Comparative Economics
Issue number4
StatePublished - Dec 1989


Dive into the research topics of 'More on alternative objectives of labor-managed firms'. Together they form a unique fingerprint.

Cite this