Unionized Contracts with Fixed Wage Rates and State-Contingent Employment Levels
Bibliographic Data
| ID | 9724471 |
|---|---|
| Authors | Anthony Sampson (0000-0001-9636-7218), Anthony A Sampson (corresponding author) |
| Year | 1988 |
| Volume | 55 |
| Issue | 217 |
| Pages | 95 |
| Publication date | 1988-02-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554249 |
| OpenAlex | W2057325122 |
| Language | EN |
| Citations received | 2 |
| References cited | 5 |
A union sets a state-independent wage, the firm sets employment along the state-contingent demand-for-labor curve. The union's maximand is the welfare of its cu rrent members. However, it sets a wage at which outsiders are recruit ed in good states, so as to protect insiders' employment prospects in bad states. If these newly recruited workers join the union, there m ay exist an equilibrium membership. Comparative statics results are o btained for government policy measures. Copyright 1988 by The London School of Economics and Political Science
Comparative statics · Economics · Government (linguistics) · Labour economics · Market economy · Microeconomics · Political science · Politics · State (computer science) · Wage · Welfare · Game Theory and Voting Systems · Law · Merger and Competition Analysis · Politics, Economics, and Education Policy
| Citations per year | 0.06 |
|---|---|
| Citation span | 1993 - 1994 (2) |
| Highly cited | No |