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This Book Presents A Theoretical Framework For Unions Which Offers A Unified Treatment Of The Centralization Of Bargaining, The Credibility Of Labour Contracts, The Unionization Of Labour Markets And The Relative Bargaining Power Of The Union. It Assesses The Microfoundations Of Bargaining And Examines Collective Bargaining Interacting With Public Policy, Investment And Growth, And International Trade And Specialization. In Conclusion Professor Palokangas 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.--book Jacket. Basic Concepts Of Game Theory -- Collective Bargaining Without Investment -- The Use Of Corrective Taxes And Subsidies -- Taxation And Production Efficiency -- Credibility In Collective Bargaining -- Monopoly Unions And Sluggish Investment -- Ordinary Wages Versus Profit-sharing -- Unions And Economic Growth -- Unions And International Specialization Tapio Palokangas. Includes Bibliographical References (p. 230-233) And Index.
- Author
- Palokangas, Tapio
- Publisher
- Cambridge ; New York: Cambridge University Press
- Published
- 2000
- Language
- EN
- ISBN
- 9780511033933
- Subjects
- Economics, Management, Business
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