The Economics of Labor Law
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Product details:
- Publisher Edward Elgar Publishing
- Date of Publication 22 November 2024
- ISBN 9781035334117
- Binding Hardback
- No. of pages426 pages
- Size 234x156 mm
- Weight 738 g
- Language English 664
Categories
Long description:
In terms familiar to economists, this book provides a positive theory of labor law and dissects the fundamental theoretical issues that shape labor law doctrine. It investigates the deep economic tensions influencing judicial opinions in labor law, and how these can predict the outcomes of relevant legal doctrine and determine whether it accomplishes its regulatory goals.
Keith Hylton explores major philosophical approaches in the labor movement as well as the economic pressures that have impacted the growth of unions and the evolution of labor law. Hylton examines core issues including union organization, labor bargaining, labor law successorship, and the interaction between labor and antitrust laws. He questions whether the decline of unions will change employment and labor laws, and whether it is possible for the law to reverse or slow the decline in private sector union density. The central thesis of the book is that much of labor law doctrine is economically efficient, minimizing the costs of the bargaining relationship between the employer and the union.
The Economics of Labor Law is an invaluable resource for students and scholars of labor and employment law, and law and economics. Practitioners will also benefit from its detailed account of how economics can provide a more solid foundation for labor law doctrines.
In terms familiar to economists, this book provides a positive theory of labor law and dissects the fundamental theoretical issues that shape labor law doctrine. It investigates the deep economic tensions influencing judicial opinions in labor law, and how these can predict the outcomes of relevant legal doctrine and determine whether it accomplishes its regulatory goals.
?In our increasingly interconnected world, private international law is both growing in importance and evolving quickly. This book is an essential guide to existing law and emerging challenges, giving readers not only a current map but a path forward.?
Table of Contents:
Contents
1 Introduction to the economics of labor law
2 An economic history of unions and labor law
3 Rational decisions and regulation of union entry
4 A theory of minimum contract terms, with implications
for labor law
5 An economic theory of the duty to bargain
6 Rent appropriation and the doctrine of successorship
7 Efficiency and labor law
8 A positive economic theory of labor antitrust
9 Law and economics of mandatory arbitration agreements
10 Law and the future of organized labor in America
