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

periods. We argue that workers must take costly actions ("conflict") to have nominal wages catch up with inflation, meaning … choose whether to engage in conflict with employers to secure a wage increase. We show that, following a rise in inflation …, wage catch-up resulting from more frequent conflict does not raise welfare. Instead, the impact of inflation on worker …

bargaining models between unions and firms. While the Nash bargaining solution is unaffected by minimum wages below initially … bargained wages, we show that such minimum wages can drive up wages - and be harmful to employment - when bargaining follows the …

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 …

I empirically test for a separating equilibrium in the bargaining contract of National Football League (NFL) contract …

We construct game theoretic foundations for bargaining in the shadow of a trial. Plaintiff and defendant both have …

We construct game theoretic foundations for bargaining in the shadow of a trial. Plaintiff and defendant both have …

such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple rent-seeking model of conflict which is …