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Methods of Wage Payment

Price V. Fishback

in Soft Coal, Hard Choices: The Economic Welfare of Bituminous Coal Miners, 1890-1930

Published in print:
1992
Published Online:
October 2011
ISBN:
9780195067255
eISBN:
9780199855025
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195067255.003.0005
Subject:
Economics and Finance, Economic History

This chapter explores the economic reasoning behind the different forms of wage payments, focusing on differences in the costs of measuring output, supervising workers, and ensuring quality. ... More


The Analytical Framework

Price V. Fishback

in Soft Coal, Hard Choices: The Economic Welfare of Bituminous Coal Miners, 1890-1930

Published in print:
1992
Published Online:
October 2011
ISBN:
9780195067255
eISBN:
9780199855025
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195067255.003.0002
Subject:
Economics and Finance, Economic History

This chapter lays out the analytical framework, which shows how competition (exit) and collective action (voice) affected the economic welfare of coal miners. The framework starts with a basic ... More


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