Brunnschweiler, Christa N.; Jennings, Colin; MacKenzie, … - CER-ETH Center of Economic Research, Department of … - 2012
In this paper we challenge the conventional view that strikes are caused by asymmetric information regarding firm … profitability such that union members are uninformed. Instead, we build an expressive model of strikes where the perception of … offers and the incidence of strikes. Furthermore, while asymmetric information is still important in causing strikes, we find …