Union-firm interaction and the right to manage

Dobson, Paul ORCID: https://orcid.org/0000-0001-7352-740X (1997) Union-firm interaction and the right to manage. Bulletin of Economic Research, 49 (3). pp. 213-229. ISSN 1467-8586

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In the context of price-setting oligopoly, this paper shows that there may be consensus in union-employer bargaining for limiting the scope of bargaining to determining wage levels and allowing the employer to act unilaterally when competing in the product market. A strategic commitment by each union-firm pair to a right-to-manage framework, rather than a participatory approach, may benefit the bargaining parties since this entails higher negotiated wage rates which, by dampening competition in the product market, may allow for an increase in the amount of surplus generated by the parties.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Depositing User: Nicola Secker
Date Deposited: 30 Mar 2011 10:37
Last Modified: 05 May 2024 00:54
URI: https://ueaeprints.uea.ac.uk/id/eprint/26127
DOI: 10.1111/1467-8586.00037

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