Social and Behavioral Sciences Commons^™

Power, Productivity And Profits, Frederick Guy, Peter Skott

Economics Department Working Paper Series

New information and communication technologies, we argue, have been .power- biased.: in many industries they have allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that .power- biased technical change’ in this sense may generate rising inequality accompanied by an increase in both unemployment and work intensity.