Year
1996
Authors
VRANCEANU Radu, BESANCENOT D.
Abstract
In this paper, we examine the emergence of trade unions in a hypothetical economy hosting strictly rational workers. The model is founded on three main assumptions : firms accept to pay a premium in order to avoid a strike, private agents wish to join the union in order to maximise their expected income and union leaders seek to maximise their net benefits. It will be shown that a non-Walrasian equilibrium exists in which employment, wages, union size and agressivity are jointly determined.
BESANCENOT, D. et VRANCEANU, R. (1996). Les syndicats français, une formalisation élémentaire. ESSEC Business School.