Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it …

nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining or … involve a strike. We examine these predictions using U.S. bargaining data from 1970 to 1995. The data suggest that ESOPs do … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …

For a two-period screening model of strikes it is shown that joint bargaining instead of enterprise negotiations lowers …

This paper analyzes the implications of right-to-manage wage bargaining between a producers' syndicate and a workers … activity. At given prices and price expectations, nominal wages are set according to a Nash bargaining agreement. Producers …, including a variety of different qualitative features compared to the situation under efficient bargaining. These differences …

This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union …. Wages and aggregate employment levels are set according to an efficient (Nash) bargaining agreement while the commodity … the total production surplus, efficient bargaining implies no efficiency loss in production. Depending on the level of …

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 analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler …

We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler …