ALFRED L. THIMM is a Professor of Management at the University of Vermont. Over the past twenty years he has frequently been affiliated as a visiting professor with the University of Munich, Institut fur Organization and the Wirtschaftsuniversitat, Institut fur Organization in Vienna. An international consultant, he is the author of many scholarly articles and five books, including Economists and Society (with J. Finkelstein) 1973, Entscheidungstheorie (with E. Witte) 1976, and The False Promise of Codetermination 1980.