lecture outline on bargaining power (2)

lecture outline on bargaining power (2) - ILR 205 - Katz...

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ILR 205 - Katz Jan. 27, 2010 The Determinants of Bargaining Power OUTLINE I. Introduction A. This lecture begins our movement across the middle level of the three-tier framework. B. We focus on the role that bargaining power plays in shaping the bargaining process and bargaining outcomes, and the influence of environmental factors on bargaining power. C. There are two aspects of bargaining power – total power and relative power II. Total Power A. Total power concerns the total profits (or economic rents) that are available to labor and management. Both labor and management prefer situations with greater total power. B. Total power is heavily influenced by two factors – the degree of competition facing the employer (influenced by microeconomic factors) and the state of the economy (influenced by macroeconomic factors). C. Unions try to influence the degree of competition faced by the firm by influencing government regulations (limiting competition) D. Unions try to shift the macro environment to stimulate demand through
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This note was uploaded on 05/11/2010 for the course ILRCB 2050 taught by Professor Givanr during the Spring '06 term at Cornell University (Engineering School).

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lecture outline on bargaining power (2) - ILR 205 - Katz...

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