Leadership and Its Consequences: Technical Change in the Longshore Industry
1993
The leadership of the two U.S. longshore unions used different strategies when faced with technical change during the period 1959–89. One union used its market power to maintain membership and increase wages and benefits; the other concentrated on wages, benefits, and adjustment mechanisms. The first strategy was economically superior in the short run, but led to reduced wages and employment in the long run.
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