scholarly journals Fairness Considerations in Labor Union Wage Setting: A Theoretical Analysis

2012 ◽  
Author(s):  
Matthias Strifler ◽  
Thomas Beissinger
2015 ◽  
Vol 63 (3) ◽  
pp. 303-330 ◽  
Author(s):  
Matthias Strifler ◽  
Thomas Beissinger

2009 ◽  
Vol 52 (2) ◽  
pp. 143-167 ◽  
Author(s):  
Fiorella Padoa Schioppa
Keyword(s):  

Author(s):  
Luciano Fanti ◽  
Domenico Buccella

AbstractIn a duopoly network industry with decentralised union wage setting, this paper studies the impact of the firms’ engagement in consumer-friendly corporate social responsibility (CSR) on profitability and welfare. It is shown that, regardless of whether the wage setting occurs prior to or after the choice of the CSR levels, being a CSR-type firm rather than a simple profit-maximiser can lead to larger profits and thus higher welfare for their owners/stakeholders. However, the welfare analysis reveals that there is always conflict of interest between the firms’ owners on the one side and consumers, unions, and society on the other side, with respect for the timing of the decision about CSR relative to that of the wage setting.


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