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Short-term contracts and exogenous productivity growth are introduced in asimple wage bargaining model. The equilibrium … credible, but neverwhen strike is not credible. In the limit as time between bargaining roundsvanishes only the first paradox …
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We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …
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</I> (2011), Vol. 73, pp.507–516.<P> We study a bargaining model with a disagreement game between offers and counteroffers. In …
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We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …
Persistent link: https://www.econbiz.de/10010325535
We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …
Persistent link: https://www.econbiz.de/10005137155
above by the bargaining frontier resulted from stationary contracts. When players have different time preferences, however …, intertemporal trade may lead to continuation payoffs above the bargaining frontier. In this paper, we provide a thorough study of …
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