这是一份manchester曼切斯特大学ECON32152T 作业代写的成功案例

$$
U=\alpha u(w) N+(I-\alpha) u(b)(M-N)
$$
where, $o \leq \alpha \leq 1$
and $\alpha$ is the relative weight, or influence, of the employed and unemployed union members on the union’s policy.

Another general form of the union’s objective utility function which has been used quite extensively (see, for example, Dertouzos and Pencavel, 1981, MaCurdy and Pencavel, 1986, and Pencavel, 1984) is a modified version of the so-called Stone-Geary utility function. The function may be expressed as:
$$
U=\alpha\left(w-w^{}\right)^{\mu}\left(N-N^{}\right)^{\mu-1}
$$

ECON32152T COURSE NOTES ：

$$
\Sigma O p / \Sigma I p=\Sigma O a / \Sigma l a
$$
The employee, or in Adams’s terms Person, will aim to ensure that the ratio of the weighted sum of his inputs $(\Sigma l p)$ in relation to the weighted sum of his outcomes $(\Sigma O p)$ matches the corresponding ratio for Other (any person with whom Person compares himself when both he and Other are in an exchange relationship with a third person, such as an employer, or with third parties who are considered by Person to be comparable, such as employers in a particular industry or geographic location).