Individual Employment Rights and the Standard Economic Objection: Theory and Empiricism

Authors

Steven L. Willborn, University of Nebraska College of LawFollow

Abstract

I. Introduction

II. Price Theory, Minimal Terms, and the Standard Objection … A. The Price Theory Model of the Labor Market ... B. Minimal Terms and the Standard Objection ... C. An Aside on Waivable Terms

III. Justifications for Minimal Terms within the Price Theory Model ... A. Efficiency Justifications ... 1. Collective Terms ... 2. Imperfect Information ... 3. External Costs ... 4. Summary of Efficiency Justifications ... B. Distributional Justifications

IV. Conclusion

Recommended Citation

Steven L. Willborn, Individual Employment Rights and the Standard Economic Objection: Theory and Empiricism, 67 Neb. L. Rev. (1988)
Available at: https://digitalcommons.unl.edu/nlr/vol67/iss1/7