Labour Unions, Public Policy and Economic Growth [Paperback]

A theoretical model of union bargaining, challenging the view that collective bargaining always has a negative impact on welfare.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.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.Collective bargaining is still the main vehicle worldwide for labor 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 resource for scholars, professionals and policymakers and supplementary reading for upper-level courses in labor economics, public economics, game theory and international economics.List oflf