Ozkardas, Ahmet; Rusinowska, Agnieszka - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2014
We provide an equilibrium analysis of a wage bargaining model between a union and a firm in which the union must choose between strike and holdout in case of a disagreement. While in the literature it is assumed that the parties of wage bargaining have constant discount factors, in our model...