Error Removal, Loss Reduction and External Effects in the Theory of Strikes

Geraint Johnes ()

Australian Economic Papers, 1985, vol. 24, issue 45, pages 310-25

Abstract: Four theories of industrial stoppages are presented, which rationalize strikes by reference to improvements in information flows, direct pecuniary incentives to firms, and externality effects. The implications of the different models for patterns of bargaining and final settlements are derived, nd policies appropriate for the resolution of each type of strike are discussed. Copyright 1985 by Blackwell Publishers Ltd/University of Adelaide and Flinders University of South Australia

Date: 1985
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