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Fighting for Turf in an Internal Labour Market

In: Internal Labour Markets, Incentives and Employment

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  • H Lorne Carmichael

Abstract

The belief that people will find ways to exploit gains from trade is central to much of economics. Some authors (e.g. Becker, Landes and Michael, 1977; McLaughlin, 1991) argue that unwillingness to trade should be seen as direct evidence that gains from trade are absent. The issue also arises in the right to manage-efficient contracts debate (e.g. Oswald, 1993), and in the difficulty economic theory has in accounting for thework stoppages and other destructive acts that sometimes accompanyunion-firm bargaining.

Suggested Citation

  • H Lorne Carmichael, 1998. "Fighting for Turf in an Internal Labour Market," Palgrave Macmillan Books, in: Isao Ohashi & Toshiaki Tachibanaki (ed.), Internal Labour Markets, Incentives and Employment, chapter 4, pages 81-97, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-37797-4_4
    DOI: 10.1057/9780230377974_4
    as

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