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Labour Unions, Public Policy and Economic Growth / Edition 1

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Overview

Collective bargaining is still the main vehicle worldwide for labor to negotiate with management in both the public and private sectors. This book presents a new theoretical model of union bargaining. It challenges the commonly held view that collective bargaining has a negative impact on economic welfare and argues that with the existence of market failure, collective bargaining can be welfare enhancing. This book will be a research resource for scholars, professionals and policymakers and supplementary reading for upper-level courses in labor economics, public economics, game theory and international economics.

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Product Details

  • ISBN-13: 9780521663236
  • Publisher: Cambridge University Press
  • Publication date: 1/28/2000
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 252
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.83 (d)

Table of Contents

List of figures; Preface; Overview; 1. Basic concept of game theory; 2. Collective bargaining without investment; 3. The use of corrective taxes and subsidies; 4. Taxation and production efficiency; 5. Credibility in collective bargaining; 6. Monopoly unions and sluggish investment; 7. Ordinary wages verses profit-sharing; 8. Unions and economic growth; 9. Unions and international specialization; References; Index.

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