Collective Bargainingning: The Hicksian Model Of Collective Bargaining

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Trade unions are important in the working environment, they organize and represent the interests of the employees and also ensure that their employment relationship is regulated through processes of collective bargaining (Venter & Levy, 2009). The interests of trade unions are also considered to be of importance because they look after the interests of those in the production processes. As a result models of behavior and collective bargaining were developed by Hicksian.
This paper will give a critical discussion of the Hicksian model of collective bargaining focusing on what the model entails the advantages and disadvantages of the model, and the bargaining attitude ratio.
1.2. What is the Hicksian model of collective bargaining?
According to Kamath (2012), the Hicksian models main focus lies on the length and cost of strike actions that take place in the working environment, he states that Hicks proposed that unions and management find a settlement between the cost and the benefits of the strikes.
In other words when the unions would strike what they striking for should be consider...

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