Does a Trade Union Set a Lower Effort Level than Would Be Determined in a Competitive Labour Market?

George Bulkley ()

Bulletin of Economic Research, 1992, vol. 44, issue 2, 153-60

Abstract: The level of effort which would be set by a firm hiring in a competitive labor market is contrasted with the effort level which would be chosen by a utilitarian trade union. Copyright 1992 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1992
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