Title
Uncertainty over the Quality of Labor Inputs: A Nonmonopoly Theory of Union Wages and Hours Worked
Document Type
Article
Publication Date
10-1-2000
Keywords
unions, labor, wages, work hours
Abstract
A theoretical model of labor demand under uncertainty which incorporates the propositions found in the union voice literature is presented. The model generates a positive union effect on wages and hours worked without union monopoly power. The model provides a more detailed conceptual framework for explaining why the union voice effect may improve efficiency within the firm than that currently found in the literature.
Publisher
Department of Economics, South Dakota State University
Series Number
2000-8
Number of Pages
30
Recommended Citation
Adamson, Dwight and Fausti, Scott, "Uncertainty over the Quality of Labor Inputs:
A Nonmonopoly Theory of Union Wages
and Hours Worked" (2000). Economics Staff Paper Series. 145.
https://openprairie.sdstate.edu/econ_staffpaper/145