Worker Satisfaction and Economic Performance
Regular price
€142.99
A01=Morris Altman
American worker satisfaction
Author_Morris Altman
behavioral
behavioral economics
behavioral labor economics theory
behavioral theory
behavioral/x-efficiency model
behavioralx-efficiency model
Capita Output
Category=KCF
Category=KCS
Category=KN
child labor regulations
Conventional Economic Wisdom
economic justice
economic justice analysis
economic performance
economic theory
economic welfare
Efficiency Wage
Effort Discretion
endogenous economic growth
environmental regulations
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Expert Billiard Player
Firm Hierarchy
Free market economics
High Wage Firms
human agency
Isocost Curve
Isocost Line
Labor Compensation
labor market dynamics
labor productivity
labor rights
Low Wage Economies
Low Wage Firms
Low Wage Regime
Marginal Cost Curve
Marginal Revenue Product Curve
market economy
market failure
Minimum Wage Legislation
Nondiscriminating Employer
organizational productivity research
pay inequality
Porter Hypothesis
Product Market Imperfection
Production Possibility Frontier
public policy
Survival Principle
transaction cost-economizing paradigm
Vice Versa
wage determination models
worker satisfaction
workplace motivation theory
x-efficiency model
X-efficiency Theory
X-inefficient Firms
Product details
- ISBN 9780765605917
- Weight: 453g
- Dimensions: 156 x 234mm
- Publication Date: 31 Aug 2001
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy.Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Morris Altman has published over fifty refereed papers in behavioral economics, economic history, and empirical macroeconomics and is the author of Human Agency and Material Welfare: Revisions in Microeconomics and Their Implications for Public Policy (1996). He is currently Professor and Head of the Department of Economics at the University of Saskatchewan. He has been a Halbert Visiting Professor at the Hebrew University in Jerusalem and a Visiting Scholar at Stanford, Comell, and Duke universities. Apart from his recent appointment as the new editor of the Journal of Socio-Economics, Altman also served as an Associate Editor of the Journal of Economic Psychology. He is also on the executive boards of the Society for Advancement of Behavioral Economics (SABE), the International Association for Research in Economic Psychology (IAREP), and the Association for Social Economics (ASE).
