Holler, Manfred J.; Layes, Birgit; Winckler, Ralf - In: Homo Oeconomicus 15 (1999), pp. 369-378
High- and low-quality workers are organized in their respective unions. Downward compatibility of high-quality workers enhances the perceived work qualities of both groups and increases the demand for low-quality workers. An equilibrium exists so that both unions prefer that high-quality workers...