Contract curve or implicit contract: Which will a union choose? |
| |
Authors: | Walter J Wessels |
| |
Institution: | (1) North Carolina State University, 27695 Raleigh, NC |
| |
Abstract: | While much has been written about implicit and efficient (contract curve) contracts, little has been written about which contract
a union will choose. This study examines how a democratic union chooses between these contracts. Under most conditions, unions
reject an efficient contract and are more likely to choose an implicit contract, but a type of contract new to the economic
literature could predominate over either. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|