"The Economics of Codetermination is a truly masterful piece of scholarship that sums up decades of path-breaking empirical and theoretical research on workplace representation in Germany. It is also an outstanding example of how to combine quantitative and qualitative methods and integrate econometric and historical analysis. The book will for a longtime be referred to as the most authoritative work on a political-economic institution that is of great theoretical and practical interest far beyond the country in which it has originated." - Professor Wolfgang Streeck, Director, Max Planck Institute, Cologne, Germany

"John T. Addison's book gives excellent insight into the history, the socio-economic context, and the economic effects of the German system of codetermination. It is essential reading, not only for industrial relations scholars, but also for businesspeople investing in Germany: It will make them understand the very specific German tradition of participative industrial relations and help them make better use of its potential for setting up high performance businesses." - Renate Hornung-Draus, Managing Director, Confederation of German Employers, Berlin

"This text offers the reader a wide-ranging investigation of the economic consequences of worker involvement in their companies through works councils at plant level and worker directors at enterprise level. The twists and turns of the evolving research literature are ably recounted and help contextualize ongoing German controversies. The result is a balanced and influential treatment. The book is essential reading for students of labor economics and industrial relations." - Claus Schnabel, Professor of Labor Economics, University of Erlangen-Nuremberg, Germany

"This book tells you all the things you might want to know - and some things that you may never have expected to find out - about the theory and empirical evidence regarding works councils and co-determination in Germany. It is careful, considered, thoughtful, scholarly and moreover, weaves a nice narrative that draws the reader in. It s a romp through a sophisticated and important literature which teaches the reader much about important labour market institutions as well as the art and science of labour economics and econometrics. I suspect that no-one other than John Addison could have written it." - Alex Bryson, Senior Research Fellow, National Institute of Economic and Social Research