unions, labor, wages, work hours
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.
Department of Economics, South Dakota State University
Number of Pages
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.