Fernandez, Raquel; Glazer, Jacob - In: American Economic Review 81 (1991) 1, pp. 240-52
This paper models the wage-contract negotiation procedure between a union and a firm as a sequential bargaining process in which the union must decide, in each period, whether or not to strike for the duration of that period. We show that there exist subgame-perfect equilibria in which the union...
