Tournadre, Fabienne; Villeval, Marie-Claire - In: Revue d'économie politique 112 (2002) 1, pp. 157-171
Based on a non cooperative model with asymmetric information tested by means of a laboratory experiment, this paper examines the influence of a negotiation outcome on the demand behavior in subsequent negotiations. While the assumption of inflationary wage claims is rejected by the data, a...