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COOPERATION AND EFFORT, RECIPROCITY AND MUTUAL SUPERVISION IN WORKER COOPERATIVES
Book chapter

COOPERATION AND EFFORT, RECIPROCITY AND MUTUAL SUPERVISION IN WORKER COOPERATIVES

Advances in the Economic Analysis of Participatory and Labor-Managed Firms, pp 185-203
01 Jan 2007

Abstract

Business Business & Economics Business, Finance Economics Social Sciences
This paper formalizes the determination of effort in work teams as a social dilemma, adding a mutual-monitoring activity and reciprocity motivations to the formal model of effort provision in cooperatives. It turns out that the cooperative solution is viable in a work group in which the workers frame effort as a reciprocal gift, and if they do frame effort in this way in worker cooperatives, this could explain the observed tendency of cooperatives to attain higher productivity.

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Web of Science research areas
Business
Business, Finance
Economics
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