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With a growing prominence of sophisticated econometric research in
a much-expanded field of New Economics of Participation (NEP), it
is of particular value to learn about real-world examples of
participatory and labor-managed firms in the advanced market
economies through extensive case studies. In this volume of
Advances in the Economic Analysis of Participatory and
Labor-Managed Firms, the authors present such case studies. The
real-world examples of participatory organizations described
vividly in this volume will help researchers in NEP to design
empirical strategies better, and to interpret their econometric
results more sensibly. Furthermore, they will help policymakers and
practitioners in their efforts to construct better public policy
and design management practices.
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