This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining … agreements, as implemented in British Columbia since 1993. We show that the outcome of first-contract mediation is Pareto … profits under mediation coincide with the Owen values of the corresponding cooperative game with the coalitional structure …

This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining … agreements, as implemented in British Columbia since 1993. We show that the outcome of first-contract mediation is Pareto … profits under mediation coincide with the Owen values of the corresponding cooperative game with the coalitional structure …

as possible to the efficiency wage. The union leader who is entrusted with the task of determining the unionized wage … charges a bribe from the firm to keep the wage close to this level. The corrupt trade union leader and the management of the …

, institutions and levels of collective bargaining, the legal nature of collective agreements, union representativeness, and labour …