We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a …. However, and more surprisingly, for a wide range of parameter values this outcome is better for the stakeholder than if he … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …

We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … potential willingness of the stakeholder to make contributions to promote agreement may be the source of severe inefficiency …. However, and more surprisingly, for a wide range of parameter values this outcome is better for the stakeholder than if he …

to compare the outcome of collective bargaining under two different bargaining structures- one in which a single wage is … bargained at the industry-level and one in which the wages are bargained at the firm-level. The bargaining process is described … by Rubinstein’s alternating-offer bargaining model with two-sided incomplete information about the bargainers’ discount …

composition of disputes away from costly strikes. Consistent with improved bargaining efficiency, we find that the announcement of …Bargaining often occurs between parties with some shared interest. Partnerships, joint ventures, and cross ownership … are examples. We extend standard bargaining models to allow for joint ownership. Joint ownership reduces costly bargaining …

We study wage bargaining in which the union is uncertain about the firm's willingness to pay and threat payoffs vary … inventories or strike funds run out. We find that bargaining outcomes are substantially altered if threat payoffs vary. If dispute …

We present a bargaining model of union contract negotiations, in which the union decides between two threats: the union …

profit-sharing on the wage outcome and the bargaining inefficiencies, like strikes. Our main results are as follows. If the …. The assumption of incomplete information allows the possibility of strikes, which waste industry potential ressources, at …-sharing scheme. Under two different bargaining structures (firm-level vs industry-level), we investigate the effects of adopting …

It is argued in many circles that a structural change occurred in U.S. collective bargaining in the 1980s. Strike … incidence declined, dispute incidence increased, and the composition of disputes shifted away from strikes and toward holdouts … 300 major strikes since 1980, we estimate the likelihood of replacements being hired. We find that the risk of replacement …

bargaining outcomes. It develops and tests Kuhn and Gu (1999) s model of learning in sequential wage negotiations, by means of … two Ultimatum Bargaining Games with uncertainty on the proposer s side. Evidence shows that Dunlop s assertion of … revised according to the previous bargaining outcomes. However, in the presence of fairness concerns, the ability to observe …

We present in this work a survey on sequential bargaining models with complete information that explain inefficiencies …, frequently observed and with great economic impact, such as strikes, the establishment of commitments and the intransigent …