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.