the same allocation from one period to the next. We study a bargaining setting where the status quo policy is determined …

. These results suggest large potential gains from employing centralized, formal mechanisms in markets that traditionally …

The recent literature on the economic behavior of unions is dominated by a controversy over whether or not bargaining … "should" involve both these variables rather than only wages. In fact, explicit bargaining over employment levels is virtually … unknown. There is, however, implicit bargaining over employment in the form of rules concerning the labor/capital ratio, job …

We present a bargaining model of the interaction between a government and interest groups in which, unlike most … existing models, neither side is assumed to have all the bargaining power. The government finds it optimal to constrain itself … in the use of transfer policies to improve its bargaining position. In a model of redistribution to lobbies, the …

The sovereign-debt literature has often implicitly assumed that all the power in the bargaining game between debtor and …