auf. Denn Lohnverhandlungen ausschließlich auf der betrieblichen Ebene führen dort zu teilweise beachtlichen …

This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union … market is cleared in a competitive way. It is shown that, for each level of union power, measured by the share it obtains of … union power, temporary equilibria may exhibit voluntary overemployment or underemployment with the competitive equilibrium …

with the union can lead to strikes. Additionally, power asymmetries, reputation-building, and internal union politics can …