Employee rights and organizational forms: An integrative framework for research

The goal of this study is to stimulate thought and provide initial direction for theory development and empirical investigation in regard to proposed linkages between employee rights concerns in the work environment and organizational forms. A review of pertinent literature on the subjects of organizational forms and employee rights is presented, in which a summary and critique of the current state of theory and research is emphasized in relation to those components of the two subject areas that are most relevant to the aims of the study. Following this review, the article undertakes a synthesis and integration of existing work, bringing together two scholarly fields of inquiry that have not been incorporated previously, and providing suggestions to establish critical associations and fill conceptual gaps. In this respect, the study constitutes a “first step” in the development of an orientation that accentuates the complementarity of perspectives concerning employee rights and organizational forms.     

Optimale betrouwbaarheid van parallelle meervoudige systemen

In this paper the reliability of parallel multi-component systems will be considered.
The number and kind of spare components wil be determined for maximum improvement in reliability under the assumption that limited funds are available for the purpose.     

Assortimentsbepaling van seizoenprodukten

This paper deals with the analysis of a problem often met when determining purchasing policies. From a number of different kinds of goods, which are to be bought, the total quantity is restricted by storing capacity or financial limits. The problem "how much of each kind will be bought" is solved for a discrete as well as for a continuous distribution of demand for the various goods.     

Residual Income Valuation: Are Inflation Adjustments Necessary?

This paper explores the question of whether the residual income valuation relationship (RIVR) should be written in inflation-adjusted terms. This question is of particular interest in the light of Ritter and Warrs (2002) claim that the standard nominal historical cost formulation of RIVR misvalues firms because it fails to deal properly with inflation. We present two inflation-adjusted formulations of RIVR, each of which is based on an income measure from the inflation accounting literature, and one of which is a general case of a formulation proposed by Ritter and Warr. We show that neither of these formulations is any more or less correct than the standard formulation of RIVR, and find no support for the view that it is necessary to write RIVR in inflation-adjusted terms. Finally we argue that, in a setting in which accounting numbers and forecasts thereof are normally presented in historical cost terms, the inflation adjustment of RIVR is likely to bring unnecessary complication to the valuation process, with increased scope for error.JEL Classification: M4     

Differentiation of Skills, Firms’ Recruitment Strategy and Unemployment Benefits in an Efficiency Wage Model

It is well known that the recruitment strategy of firms depends on the state of the labour market. In order to account for this fact, we build a matching model where the differentiation of skills is explicit. Along the line of Salop (1979b) workers and firms are distributed on the same circle and the distance between two points on this circle measures the mismatch between a firm and a worker. Another feature of this model concerns wage setting. In a natural way, wages are subject to the constraint that good workers (i.e. workers who are not too far on the circle) prefer to keep their job. In addition, on a suggestion by Phelps (1992), we assume that workers who quit their job are not eligible to unemployment insurance. Two main results are established. First, the lower the tightness of the labour market the more stringent the requirements of firms are. Second, as a consequence of the incentive constraint, unemployment benefits appear to raise employment.     

About some formalisms of interaction Phase transition models in economics?*

The aim of the present work is to scrutinise the economic use of phase transitions formalisms and to assess their relevance. The formal correspondence between the issue of micro-macro passage when agents are interacting and the physics problem of phase transition is first set out. The second section presents two formal tools likely to be associated with these problems and to exhibit the typical phenomena of phase transition. It is then possible to highlight the key points upon which the phase transition phenomena in these formal representations rely, and then to assess the relevance of their economic “counterparts” associated with these crucial characteristics. A more general appraisal of these formalisms for economics is finally sketched.