ABSTRACT
When you are finished with this chapter you should understand:
The meaning of the term “union density”
The three kinds of industrial relations systems followed around the industrialized world
Supply and demand explanations for the reduction in union density observed in many countries
The implications of the Rubinstein bargaining model for firm–union negotiations
Measures of union power and the factors causing strikes
The effects of unions on worker pay and productivity and the effect of unions on firm profits
