Administering Labor Contracts Using Transaction‐costs Economics
Bibliographic Data
| ID | 6090374 |
|---|---|
| Authors | Kenneth Vogel (0000-0002-6783-9199), Kenneth P Vogel (corresponding author) |
| Year | 1983 |
| Volume | 5 |
| Issue | 1 |
| Pages | 129-152 |
| Publication date | 1983-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Law & Policy (JOURNAL) |
| Journal identifiers | ISSN: 0265-8240 • E-ISSN: 1467-9930 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1467-9930.1983.tb00292.x |
| OpenAlex | W2072961582 |
| Language | EN |
| Citations received | 1 |
| References cited | 8 |
Labor contracts are rules of governance between workers and employers over time. The efficiency of the transaction and the relationship can be affected by the provisions of the contract. It is argued that the characteristics of the firm and the workers determine what kinds of contracts and governance of the provisions of contracts are most efficient. Among other results, it is argued that collective bargaining, together with grievance procedures and arbitration, is the most efficient form of labor contracting and governance for large firms with skilled work forces
Arbitration · Business · Collective bargaining · Contract management · Corporate governance · Database transaction · Economics · Grievance · Industrial organization · Labor contract · Labor relations · Labour economics · Law and economics · Market economy · Microeconomics · Opportunism · Political science · Transaction cost · Work (physics · Digital Economy and Work Transformation · Labor market dynamics and wage inequality · Labor Movements and Unions · Law · Finance · Marketing
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,2 |
| Citation span | 2021 - 2021 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |