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Centralised labour market negotiations
Müller, Julia; Bayındır-Upmann, Thorsten - 2013
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that … during negotiations on a central scale employers and employees plausibly take output market effects into account, while they … behave competitively during firm-level negotiations. Assuming that in both cases the labour market conflict is settled …
Persistent link: https://www.econbiz.de/10010210111
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Wage bargaining and labor market policy with biased expectations
Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014249742
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Capital structure, wage bargaining and employment
Koskela, Erkki; Stenbacka, Rune - 2000
commitment value as a wage-moderating effect for firms facing unions in bilateral wage negotiations. Finally, some implications …
Persistent link: https://www.econbiz.de/10009781550
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Wage bargaining and employment revisited : separability and efficiency in collective bargaining
Haake, Claus-Jochen; Bayındır-Upmann, Thorsten; … - 2020
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler … problems - and thus helps to facilitate real-world negotiations. …
Persistent link: https://www.econbiz.de/10012244506
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Bargaining under time pressure
Karagözoğlu, Emin; Kocher, Martin - 2015
We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned status and competing reference points. Our results show that average opening proposals, concessions, and agreed shares are very similar across different levels of time pressure....
Persistent link: https://www.econbiz.de/10011411276
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The bargaining trap
Schweighofer-Kodritsch, Sebastian - 2022
I revisit the Rubinstein (1982) model for the classic problem of price haggling and show that bargaining can become a "trap," where equilibrium leaves one party strictly worse off than if no transaction took place (e.g., the equilibrium price exceeds a buyer's valuation). This arises when one...
Persistent link: https://www.econbiz.de/10013358929
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Issue linkage and issue tie-in in multilateral negotiations
Conconi, Paola; Perroni, Carlo - 2001
We describe a model of international, multidimensional policy coordination where countries can enter into selective and separate agreements with different partners along different policy dimensions. The model is used to examine the implications of negotiation tie-in - the requirement that...
Persistent link: https://www.econbiz.de/10011400892
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The political economy of collective bargaining
Palokangas, Tapio - 2002
We construct a political equilibrium in which employers and labour unions bargain over labour contracts, wage-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be accepted by the majority of voters. We show that the...
Persistent link: https://www.econbiz.de/10011409824
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Optimal factor income taxation in the presence of unemployment
Koskela, Erkki; Schöb, Ronnie - 2000
According to conventional wisdom internationally mobile capital should not be taxed or should be taxed at a lower rate than labour. An important underlying assumption behind this view is that there are no market imperfections, in particular that labour markets clear competitively. At least for...
Persistent link: https://www.econbiz.de/10009781554
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Union membership and employment dynamics : a note
Dittrich, Marcus; Schirwitz, Beate - 2010
We analyze union behavior in a model with membership dynamics and compare the labor market outcomes to static union models. Based on empirical findings we modify standard models and show that the well-known result that static models overstate distortions caused by unions only holds in the...
Persistent link: https://www.econbiz.de/10008697166