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Titel Workers' enterprises in the case of arts production
Auteur T. Cuccia, R. Cellini
Jaar van uitgave 2006
Annotatie 192 kb
Trefwoorden papers (vorm)



Samenvatting
Paper shows that the standard result according to which labour-managed firms produce a lower amount of output, as compared to profit-maximising firms, is reversed, if production per se gives utility and the workers' membership of labour-managed firms is set prior to market decisions. Under the same hypotheses, the labour-managed firms set a higher product quality than the profit-oriented ones, ceteris paribus. The considered hypotheses are particularly relevant for the case of the performing arts sector, so that the presence of labour-managed firms should be particularly welcomed in this sector. Paper presented at the 14th biennial conference of the Association for Cultural Economics International (ACEI), Vienna, Austria 6-9 July 2006.