LATEST PSYCHOLOGY

Abstract This article provides an innovative defence of codetermination by way of exploring two of the most significant theorised objections to it from neo‐liberal and libertarian perspectives, namely the defence of the right to manage as freely chosen by employees and employers alike, and the right to manage being the most efficient, lowest transaction cost mode of employee governance. Instead, we focus upon management preference emanating from the endowment effect, and manifested in...

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