We develop a DSGE model with firm-specific labor where firm-level wage bargaining and price setting are subject to …

This paper studies bargaining outcomes in economies in which agents may be able to impose outcomes that deviate from … the relevant social norm, but incur costs when they decide to do so. It characterizes bargaining outcomes that are easiest … yields concepts like the Nash Bargaining solution, the Kalai-Smorodinsky solution, or - for coalitional games with …

We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …

We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all …

We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all …

We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …

This paper investigates the patterns of bargaining in multinational enterprises (MNEs) in the presence of labor unions … coordination activities. It derives the bargaining regimes which arise as sub-game perfect equilibria, and considers both … unions’ per member transaction costs may attenuate the conflict of interests between bargaining parties as regards the …

by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …

This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining …

We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over … wage-employment contract and the equilibrium contract under binding risk-neutral efficient bargaining. We also demonstrate … with the coalitional structure that follows from unionization. -- collective bargaining ; union ; firm ; bargaining power …