Inequality of bargaining power

Inequality of bargaining power

Jesse Russell Ronald Cohn

     

бумажная книга



ISBN: 978-5-5147-4760-3

High Quality Content by WIKIPEDIA articles! In social sciences, inequality of bargaining power is where one party to a "bargain", or some kind of contract or agreement, has more and better alternatives than the other party. This results in one party having greater "power" than the other to choose not to take the deal and makes it more likely that this party will gain more favourable terms. Inequality of bargaining power is where freedom of contract ceases to be real and markets fail.