Titlebook: Efficiency, Institutions, and Economic Policy; Proceedings of a Wor Rüdiger Pethig,Ulrich Schlieper Conference proceedings 1987 Springer-Ve

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Specific Human Capital and Collective Codetermination Rights,here are, first of all, individual codetermination rights for those in the lower ranks of the hierarchy with respect to the content and the implementation of their labor contract. But more important are collective decision rights that are exercised by elected workers’ representatives. In Germany, th

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,Comment on H. G. Monissen and E. Wenger: “Specific Human Capital and Collective Codetermination Rigthe firm. This possiblity has been interpreted by some observers, including a number of economists, politicians, and labor leaders, as providing an explanation as well as a theoretical justification for the German system of codetermination.