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Union-Firm Bargaining Under Alternative Pay Schemes: Does Performance Related Pay Fair Better?

  • Rupayan Pal

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    This paper compares and contrasts equilibrium outcomes under right-to-manage bargaining (RTM) and efficient bargaining (EB) corresponding to two alternative pay schemes, fixed wage vis-a-vis piece-rate. [WP No.8]. URL:[http://www.gipe.ac.in/pdfs/working%20papers/wp8.pdf].

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    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=Document12232011210.7983972.pdf&fcategory=Articles&AId=3803&fref=repec
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    Paper provided by eSocialSciences in its series Working Papers with number id:3803.

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    Date of creation: Mar 2011
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    Handle: RePEc:ess:wpaper:id:3803
    Note: Institutional Papers
    Contact details of provider: Web page: http://www.esocialsciences.org

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    1. Edward P. Lazear, 2000. "Performance Pay and Productivity," American Economic Review, American Economic Association, vol. 90(5), pages 1346-1361, December.
    2. Emmanuel Petrakis & Minas Vlassis, 2004. "Endogenous wage bargaining institutions in oligopolistic sectors," Economic Theory, Springer, vol. 24(1), pages 55-73, 07.
    3. Kraft, Kornelius, 1998. "The codetermined firm in oligopoly," Economics Letters, Elsevier, vol. 61(2), pages 195-201, November.
    4. Oswald, Andrew J, 1982. "Optimal Intervention in an Economy with Trade Unions," The Warwick Economics Research Paper Series (TWERPS) 221, University of Warwick, Department of Economics.
    5. McDonald, Ian M & Solow, Robert M, 1981. "Wage Bargaining and Employment," American Economic Review, American Economic Association, vol. 71(5), pages 896-908, December.
    6. M. Ryan Haley, 2003. "The Response of Worker Effort to Piece Rates: Evidence from the Midwest Logging Industry," Journal of Human Resources, University of Wisconsin Press, vol. 38(4).
    7. Barton H. Hamilton & Jack A. Nickerson & Hideo Owan, 2003. "Team Incentives and Worker Heterogeneity: An Empirical Analysis of the Impact of Teams on Productivity and Participation," Journal of Political Economy, University of Chicago Press, vol. 111(3), pages 465-497, June.
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