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Direct evidence on variations in work incentives across different property rights systems remains scarce. This paper examines absenteeism among individuals employed in worker cooperatives - firms that are ultimately controlled by their workforce. By leveraging employment data matched with sick...
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This paper presents a model on the viability and persistence of open and closed-source productions in the software industry. Starting from some empirical evidence on the degree of organizational diversity that characterizes this sector of the economy, the paper asks one main question: why do...
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