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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...
Persistent link: https://www.econbiz.de/10003115146
partial ownership by the union. We demonstrate that ESOPs create incentives for unions to become weaker bargainers. As a … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …
Persistent link: https://www.econbiz.de/10003781773
this has decreased union bargaining power relative to management bargaining power. Finally, we compare various facets of …
Persistent link: https://www.econbiz.de/10014178163
Economic models of disputes often assume that the rules of the game are well understood and that parties know the possible consequences of their actions. In this paper we show the apparently unintended consequences of state-level legal innovations governing labor disputes that took place in the...
Persistent link: https://www.econbiz.de/10014114004
Enforcement of competition/antitrust laws regarding the exercise of market power in respect of upstream markets (monopsony/oligopsony power) has been inconsistent in both Canada and the United States. This paper provides an overview of the competition/antitrust laws in Canada and the United...
Persistent link: https://www.econbiz.de/10014263062
This research study will examine how labor manages productivity advances and crisis response in both the United States and Germany's automobile manufacturing sector, particularly in the context of technological application, workplace organization, and the political economies of both countries....
Persistent link: https://www.econbiz.de/10010474713
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