Price Theory and Union Monopoly
| Autor: | Frederic Meyers |
|---|---|
| Rok vydání: | 1959 |
| Předmět: | |
| Zdroj: | ILR Review. 12:434-445 |
| ISSN: | 2162-271X 0019-7939 |
| DOI: | 10.1177/001979395901200307 |
| Popis: | This discussion attempts to place the "union monopoly" issue in a new perspective. The charge that unions exercise significant monopoly power in labor markets, raising wages at the expense of employment, has usually been met by attacks on the realism of the assumptions made with respect to labor market structure and the goals and behavior of unions and employers. Here the author, for purposes of analysis, largely accepts the assumptions of those who argue that unions behave like product monopolists. However, he contends that because a limited set of labor demand and supply functions has usually been used in the underlying analysis, there is no special merit in the monopoly conclusion or in consequent recommendations for the restriction of union power. Analysis of other labor demand and supply functions, the author shows, would lead to different conclusions and policy implications with respect to union behavior. (Author's abstract courtesy EBSCO.) |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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