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Title: Notes on the Economics of Labor Unions
Authors: Farber, Henry S.
Keywords: labor unions
dispute resolution
union growth
Issue Date: 1-May-2001
Series/Report no.: Working Papers (Princeton University. Industrial Relations Section) ; 452
Abstract: A common defnition of a labor union is that it is an association of workers who bargain collectively with their employer regarding the terms and conditions of employment. Economic analysis of labor unions falls largely into four related categories: 1) unions as maximizing agents, 2) dispute resolution: strikes and arbitration, 3) the effect of unions on wages, and 4) the determination of union membership. This essay is organized around discussions of these topics.
Appears in Collections:IRS Working Papers

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