What does it mean to say that a union has a utility function? How exactly is this

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What does it mean to say that a union has a utility function? How exactly is this utility function derived from the preferences of the workers?

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Labor Economics

ISBN: 9781260565522

8th Edition

Authors: George Borjas

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Question Posted: Apr 28, 2024 03:01 AM

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What does it mean to say that a union has a utility function? How exactly is this

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When it is said that a union has a utility function it means that the union as a collective body representing the interests of its members workers has ...View the full answer

Labor Economics

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