burdened by bargaining costs. Under weak conditions, four mechanisms weakly dominate all others: Markets, employment with …

partner. (b) Bilateral relationships economize on set-up costs, but are burdened by bargaining costs. Under weak conditions …

that standard neo-classical models do not adequately capture union bargaining behavior, or union goals and preferences. The … bargaining preferences. Union bargaining over employment appears to be asymmetric around current levels of employment in that … union appear to care more about the employment implications of their bargaining strategies, when they are likely to result …

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 …

real wages and competitiveness? To answer these questions, we formulate a theoretical model of wage bargaining in an open …