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Altruism, union utility and outsiders

Stavros A. Drakopoulos (University of Aberdeen, Aberdeen, UK and University of Athens, Athens, Greece)
John D.F. Skåtun (Department of Economics, University of Aberdeen, Aberdeen, UK)

Journal of Economic Studies

ISSN: 0144-3585

Article publication date: 1 December 1997

532

Abstract

Provides a general approach for the incorporation of the influence of insiders and outsiders in the union utility. In particular, the specification is such that the weight of the influence of the outsiders can vary; and this makes it possible to consider different degrees of union altruism and also to embrace all the previous work on the subject. Examines both the monopoly union and the efficient bargain cases. Comparative statics analysis provides some interesting results, such as that wages are more inflexible downwards.

Keywords

Citation

Drakopoulos, S.A. and Skåtun, J.D.F. (1997), "Altruism, union utility and outsiders", Journal of Economic Studies, Vol. 24 No. 6, pp. 392-401. https://doi.org/10.1108/01443589710185932

Publisher

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MCB UP Ltd

Copyright © 1997, MCB UP Limited

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