The main issue is the organization of firms when different degrees of labor participation are taken into account. We start reviewing the literature on the LM firm. We then consider a less radical labor participation, i.e., the Aoki firm. We survey extensions of the Aoki's firm to the case of...

We reassess the respective gains from R&D cooperation and competition in a Cournot duopoly where firms adopt a concave cost-reducing R&D technology. Cooperation, in the form of either a cartel or a joint venture, is always profitable for firms and, contrary to the previous literature on the same...