Abstract
This paper integrates models of monopsony and wage bargaining. A novel result is that for a range of the relative bargaining power of the firm and the union, the wage and employment is constant and equal to the 'competitive' solution. © 2006 Elsevier B.V. All rights reserved.
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APA
Falch, T., & Strøm, B. (2007). Wage bargaining and monopsony. Economics Letters, 94(2), 202–207. https://doi.org/10.1016/j.econlet.2006.06.030
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