I. Chatterjee
Bilateral Delegation in Wage and Employment Bargaining in Monopoly
Chatterjee, I.; Saha, B.
Abstract
We study efficiency and distributional implications of bilateral delegation in wage and employment bargaining in monopoly. Delegation causes underproduction, and the bargaining pie severely contracts rendering mutual gains from delegation impossible. With an increase in the union’s bargaining power profit may perversely rise and the union’s utility may fall.
Citation
Chatterjee, I., & Saha, B. (2013). Bilateral Delegation in Wage and Employment Bargaining in Monopoly. Economics Letters, 120(2), 280-283. https://doi.org/10.1016/j.econlet.2013.04.009
Journal Article Type | Article |
---|---|
Acceptance Date | Apr 5, 2013 |
Online Publication Date | Apr 15, 2013 |
Publication Date | Aug 1, 2013 |
Deposit Date | Aug 7, 2014 |
Publicly Available Date | Jun 17, 2016 |
Journal | Economics Letters |
Print ISSN | 0165-1765 |
Electronic ISSN | 1873-7374 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 120 |
Issue | 2 |
Pages | 280-283 |
DOI | https://doi.org/10.1016/j.econlet.2013.04.009 |
Public URL | https://durham-repository.worktribe.com/output/1447033 |
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Copyright Statement
© 2013 The Authors. Published by Elsevier B.V.
Open access under CC BY license.This article is available under the terms of the Creative Commons Attribution License (CC BY). You may distribute and copy the article, create extracts, abstracts, and other revised versions, adaptations or derivative works of or from an article (such as a translation), to include in a collective work (such as an anthology), to text or data mine the article, including for commercial purposes without permission from Elsevier. The original work must always be appropriately credited.
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