Job-satisfaction as a component of workers' utility has been strangely neglected, with work usually regarded as reducing utility and the benefits of leisure. This is contradicted by many empirical studies showing that unemployment is a major cause of unhappiness, even when income is controlled...

1. Grievance arbitration in the United States; an analysis of its functions and effects, by J. Stieber.--2. Compulsory arbitration in Britain: the work of the Industrial Disputes Tribunal, by W. E. J. McCarthy.--3. Check-off agreements in Britain: a study of their growth and functions, by A. I....

This paper is an analysis of the impact of different bargaining regimes on firm-specific wages and wage dispersion. In recent years, firms in Germany favored flexible to collective bargained wages. Opening clauses were introduced to combine collective bargaining and flexible adaptation of e.g....