and strikes are substantially influenced by labor policy. In particular, we find that prohibiting the use of replacement … workers during strikes is associated with significantly higher wages, and more frequent and longer strikes. This is consistent … with private information theories of bargaining. We estimate the welfare consequences of a ban on replacement workers, as …

This paper describes a simple model of labor disputes based on the hypothesis that unions use strikes to infer the … probabilities, and strike durations for a large sample of collective bargaining agreements. Negotiated wages are found to depend … unemployment are found to decrease the probability of strikes, while increases in industry selling prices increase the probability …

study finds that recognition strikes are concentrated where bargaining laws provide little or no protection of bargaining … rights for municipal police. However, these strikes do not increase the unionization propensities of these police departments …

It is argued in many circles that a structural change occurred in U.S. collective bargaining in the 1980s. We … strikes since 1980, we estimate the likelihood of replacements being hired. We find that the risk of replacement declines … during tight labor markets, and is lower for bargaining units with more experienced workers. We use the predicted replacement …

coverage by the union. An asymmetric information bargaining model is specified that relates these same variables to strike … probabilities as well as wage settlements. Our empirical analysis is conducted for :he periods from 1970-1380 (strikes) and 1976 …

-strike bargaining settlements in the 1880s fell into one of two categories: either a union "victory", characterized by a significant … declining probability of a union victory among longer strikes. For the subset of strikes over wage increases we estimate a … conditional on a union victory. This framework provides a simple index of employees' relative bargaining power. based on the …

different effect on wage structures than do private sector unions; (4) compulsory arbitration reduces strikes with no clearcut …

stakeholders. Because there are spillover benefits associated with being associated with a "winner," the perceptions of … stakeholders and potential stakeholders can affect firm value. Our analysis indicates that while transparency (i.e., generating … information regarding the extent to which stakeholders benefit from having a relationship with a high quality firm. These costs …