TY - JOUR
T1 - Labor Unionization Structure, Innovation, and Welfare
AU - Han, Tien-Der
AU - Mukherjee, Arijit
PY - 2017/6
Y1 - 2017/6
N2 - We show the effects of cooperation among the labor unions with complementary workers on innovation, consumer surplus, and welfare. Although cooperation among the unions reduces wages, it may either increase or decrease the firm's incentive for innovation, and may also make the consumers and the society worse off by reducing innovation. While cooperation (compared to noncooperation) among the unions makes the workers better off, it may not make all final-goods producers better off.
AB - We show the effects of cooperation among the labor unions with complementary workers on innovation, consumer surplus, and welfare. Although cooperation among the unions reduces wages, it may either increase or decrease the firm's incentive for innovation, and may also make the consumers and the society worse off by reducing innovation. While cooperation (compared to noncooperation) among the unions makes the workers better off, it may not make all final-goods producers better off.
KW - PERSPECTIVE
KW - INCENTIVES
KW - IMITATION
KW - POLICY
KW - WAGES
UR - http://www.scopus.com/inward/record.url?scp=85017548415&partnerID=8YFLogxK
UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-85017548415&origin=recordpage
U2 - 10.1628/093245616X14785139493983
DO - 10.1628/093245616X14785139493983
M3 - RGC 21 - Publication in refereed journal
SN - 0932-4569
VL - 173
SP - 279
EP - 300
JO - Journal of Institutional and Theoretical Economics
JF - Journal of Institutional and Theoretical Economics
IS - 2
ER -