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Rationality at Work

Logics of Collective Action in the Labour Market

  • Book
  • © 2005

Overview

  • Cutting-edge and probably unique in its treatment of the issue, this book provides what is arguably the first synthesis of collective action theory with the economic literature on centralised wage bargaining
  • Easy to read, simple to navigate, and gripping for practitioners, students or scholars alike
  • 1766 Accesses

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Table of contents (7 chapters)

Keywords

About this book

Wage setting arrangements are widely seen as key ingredients to macro-economic success. Examining their micro-foundations is an urgent task. Drawing on a treasure chest of empirical insights amassed by other social scientists, this ground-breaking book argues that economists have neglected the institutional underpinning of wage bargaining at their peril. Starting from Olson's insight that workers and firms often fail to pursue their collective interests, the book explains how self-reinforcing effects can promote group action – and how this contributed to the shifts in fortune of countries such as Sweden, Ireland and Austria. This book should cause heated scholarly debates. But it assumes no prior knowledge and is highly readable. A short foreword, largely self-contained chapters and a glossary make it easy to navigate. The tools it presents will prove useful to scholars, practitioners, policy-makers or indeed anyone interested in the economic effects of unions and employer associations.

Authors and Affiliations

  • London, UK

    Peter Michael Doralt

Bibliographic Information

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