The article tries to answer an old question of economic theory and institutional economics: How do trade unions fit into a market economy? Are they a constitutive element of the market order or: are they a source of irritation and disruption?

The Greek industrial relations system for the past decades, mainly in the private sector, has been based on Law 1876 of 1990, which introduced free collective bargaining and independent dispute resolution. Due to the financial crisis, new legislation modified the existing legal framework and led...

This article investigates the transformations of the French unionism and of the French system of industrial relations over the last years and their probable future. It shows: an evolution from a militant unionism to a professionalized trade unionist system; the decline of collective actions; the...

This paper examines the past, present and future trajectory of unions and the union movement in Britain to analyse whether collectively they remain on the margins of influence in the economy and society or whether, given and because of the crisis of neoliberalism, they may be on the cusp of a...

This paper analyzes the implications of right-to-manage wage bargaining between a producers' syndicate and a workers' union representing finite numbers of identical members in a monetary macroeconomic model of the AS-AD type with government activity. At given prices and price expectations,...

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 efficient and proves immune to the insider-outsider problem of...