Vannetelbosch, Vincent; Mauleon, Ana; Sempere-Monerris, … - Fondazione ENI Enrico Mattei (FEEM) - 2005
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … network. Thus, a conflict between stability and efficiency may occur: efficient networks are pairwise stable, but the reverse … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …