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Labour Unions, Public Policy and Economic Growth Paperback – Jun 24 2010


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Book Description

Collective bargaining is still the main vehicle for labour worldwide to negotiate with management in both the public and private sectors. This book presents a new theoretical model of union bargaining. It 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. This book will be a research resourse for scholars, profesionals and policy-makers and supplementary reading for upper-level courses in labour economics, public economics, game theory and international economics.

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In order to obtain an extensive treatment of collective bargaining, one has to take game theory as a starting point. Read the first page
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