nep-hme New Economics Papers
on Heterodox Microeconomics
Issue of 2013‒09‒25
four papers chosen by
Frederic S. Lee
University of Missouri-Kansas City

  1. Unequal Exchange, Assets, and Power: Recent Developments in Exploitation Theory By Veneziani, Roberto; Yoshihara, Naoki
  2. Women and Corporate Governance : Towards a New Model! By Viviane De Beaufort; Lucy Summers
  3. Wage posting or wage bargaining? : evidence from the employers’ side By Brenzel, Hanna; Gartner, Hermann; Schnabel, Claus
  4. The spatiality of trust – Antecedents of trust and the role of face-to-face contacts By Nilsson, Magnus; Mattes, Jannika

  1. By: Veneziani, Roberto; Yoshihara, Naoki
    Abstract: This paper surveys and extends some recent contributions on the theory of exploitation as the unequal exchange of labour. A model of dynamic economies with heterogeneous optimising agents is presented which encompasses the models used in the literature as special cases. It is shown that the notion of exploitation is logically coherent and can be meaningfully analysed in such a general framework. It is then shown that the axiomatic approach of social choice theory can be adopted to explore the normative foundations of the notion of exploitation. Finally, it is argued that purely distributive approaches to exploitation are not entirely compelling and a notion of dominance, or unequal power is necessary.
    Keywords: Exploitation, axiomatic social choice
    JEL: D63 D51
    Date: 2013–09
    URL: http://d.repec.org/n?u=RePEc:hit:hituec:594&r=hme
  2. By: Viviane De Beaufort (Public and Private Policy Department - ESSEC Business School); Lucy Summers (University of Queensland - University of Queensland, Brisbane, Australia)
    Abstract: The feminization of Boards has the potential to be a vector of change, bringing "added value" to organisations through gender diversity, thus creating greater efficiency. Promoting women to positions of power only makes sense, however, if these women are allowed to bring, in terms of skills and behavior, a difference to the table. This involves confronting the masculine model, in order to BUILD a model of mixed leadership integrating the "feminine" quotient (A.Arcier). A qualitative study on women and their relation to power, undertaken in France and abroad (published in October 2012), allowed the formulation of some hypotheses in order to construct a proposition of a mixed power model that would integrate both masculine and feminine "polarities" within enterprises and organisations (ValérieRocoplan).This article is the outcome of various influences: the data of this study (by the same author with the support of the firm Boyden) which was further enriched by the analysis of other publications on the subject, as well as the experience acquired within the framework of the program Women Be European Board Ready (created by ESSEC). The article deliberately focuses on the issues surrounding gender and governance in order to address the smooth and effective running of Boards. The study essentially aims to highlight the fact that women wishing to obtain these mandates, or those who have reached these posts, share a rigorous and idealised vision of the functioning of the Boards and demand a model based on "sustainable governance" that is better adapted to the challenges which Boards face in our corporate world of upheaval. These women are potential "engines" for change.
    Keywords: Corporate Governance ; Leadership ; Board Composition ; Corporate Productivity ; Firm-Level Governance Outcomes ; Sustainable Governance ; International Corporate Governance ; Cross-Boarder Corporate Governance Issues ; evolution of models of governance ; women and boards ; non-executive board members ; gender dimension ; women and power.
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-00862715&r=hme
  3. By: Brenzel, Hanna (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]); Gartner, Hermann (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]); Schnabel, Claus
    Abstract: "Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of hirings being characterized by wage posting. Wage posting dominates in the public sector, in larger firms, in firms covered by collective agreements, and in part-time and fixed-term contracts. Job-seekers who are unemployed, out of the labor force or just finished their apprenticeship are also less likely to get a chance of negotiating. Wage bargaining is more likely for more-educated applicants and in jobs with special requirements as well as in tight regional labor markets." (Author's abstract, IAB-Doku) ((en))
    JEL: E24 J30 J63 M51
    Date: 2013–09–19
    URL: http://d.repec.org/n?u=RePEc:iab:iabdpa:201315&r=hme
  4. By: Nilsson, Magnus (CIRCLE, Lund University); Mattes, Jannika (Institute for Social Sciences, CETRO, University of Oldenburg, Germany and CIRCLE, Lund University, Sweden)
    Abstract: In this paper we analyze how the spatiality of interactions influences trust creation in multi-site corporate innovation projects. By drawing on insights from the discussion on initial and gradual trust and connecting them to contributions from the field of economic geography, we examine different antecedents of trust and their dependence on face-to-face interaction. We thereby illustrate the complexity of initial and gradual trust creation and the interplay between personality traits, group-based similarities, situational and institutional factors, reputational inference, and personal interaction as trust antecedents. We can show that the speed and level of resilient trust creation is decisively influenced by the frequency and duration of face-to-face exchange between key project actors. The empirical insights are based on two qualitative case studies on specific innovation projects in multinational companies. Our findings stress the need to incorporate space as a facilitating factor in the analysis of trust development.
    Keywords: Trust; spatiality; proximity; face-to-face; project work
    JEL: M10 M19
    Date: 2013–04–17
    URL: http://d.repec.org/n?u=RePEc:hhs:lucirc:2013_016&r=hme

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