Despite extensive use of bargaining models in economics and despite Becker's insistence on the importance of altruism … in families, the theoretical literature on bargaining ignores altruism and assumes that everyone is an egoist. This paper … shows that incorporating altruism into cooperative bargaining models shrinks the set potential cooperative bargaining …

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 …