This book uses general equilibrium theory to discuss the interaction between capital and labour, both for the case of certainty and for the case of uncertainty with incomplete markets. Labour management equilibria are then contrasted with equilibria for a private ownership economy with labour contracts. Although based on original research, this book shows the chief virtues of its predecessors in the Yrjo Jahnsson series.
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This book uses general equilibrium theory to discuss the interaction between capital and labour, both for the case of certainty and for the case of uncertainty with incomplete markets. Labour management equilibria are then contrasted with equilibria for a private ownership economy with labour contracts. Although based on original research, this book shows the chief virtues of its predecessors in the Yrjo Jahnsson series.
Read Less
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. Clean from markings. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 400grams, ISBN: 063113784X.