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"Bargaining Power" in Price and Wage Determination

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  • Charles E. Lindblom

Abstract

Misunderstanding in the use of the concept: explicit definitions, 396; implicit definitions, 397; criticism of these, 398. — Bargaining power and its effect on price: perfect competition, 400; agreement, 401; major determinants of power, 402; difficulties of definition, 403. — False antithesis between bargaining power and competitive market forces: the bargaining theory of wages, 408; theoretical indeterminateness, 410. — Inequality in power relative to time, direction and magnitude of price movement, 411. — Critique of alternative treatments of bargaining power: Dunlop, 413; Slichter, 414; Shister, 414. — Conclusions, 417.

Suggested Citation

  • Charles E. Lindblom, 1948. ""Bargaining Power" in Price and Wage Determination," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 62(3), pages 396-417.
    • Handle: RePEc:oup:qjecon:v:62:y:1948:i:3:p:396-417.
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    File URL: http://hdl.handle.net/10.2307/1882838
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    Cited by:

    1. Omonbude, Ekpen J., 2007. "The transit oil and gas pipeline and the role of bargaining: A non-technical discussion," Energy Policy, Elsevier, vol. 35(12), pages 6188-6194, December.
    2. Chongvilaivan, Aekapol & Hur, Jung & Riyanto, Yohanes E., 2013. "Labor union bargaining and firm organizational structure," Labour Economics, Elsevier, vol. 24(C), pages 116-124.
    3. Fuess Jr., Scott M., 2001. "Union Bargaining Power: A View from Japan," IZA Discussion Papers 393, Institute of Labor Economics (IZA).

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