Pre-privatization

Post-privatization

Decentralized unions

$S{W}^{M,d}=\frac{45}{98}$

>

$S{W}^{P,d}=\frac{28}{81}$

Centralized union with

discriminatory wages

$S{W}^{M,c,d}=\frac{3}{8}$

>

$S{W}^{P,c,d}=\frac{5}{18}$

Centralized union with

uniform wage¹⁵

$S{W}^{M,c,u}=\frac{\left(2+\lambda \left(3\lambda -4\right)\right)\left(2+\lambda \left(5\lambda -4\right)\right)}{8{\left(1+2\left(\lambda -1\right)\lambda \right)}^2}$

>

$S{W}^{P,c,u}=\frac{\left(7+\lambda \left(7\lambda -10\right)\right)\left(17+\lambda \left(17\lambda -14\right)\right)}{288{\left(1+\left(\lambda -1\right)\lambda \right)}^2}$