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Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it …
Persistent link: https://www.econbiz.de/10012299563
We consider a two-country model of wage determination with private information in unionized imperfectly competitive industries. We investigate the effects of separated product markets opening up for competition as well as of further market integration on the negotiated wage and the maximum delay...
Persistent link: https://www.econbiz.de/10014063279
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 …
Persistent link: https://www.econbiz.de/10009514990
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all …
Persistent link: https://www.econbiz.de/10013011168
I empirically test for a separating equilibrium in the bargaining contract of National Football League (NFL) contract …
Persistent link: https://www.econbiz.de/10014045998
We construct game theoretic foundations for bargaining in the shadow of a trial. Plaintiff and defendant both have …
Persistent link: https://www.econbiz.de/10011509331
In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised,...
Persistent link: https://www.econbiz.de/10011405864
potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids … a loss of resources, if this loss is small enough, then any contract must assign a positive probability of conflict. We … show how the likelihood of conflict outbreak depends on the distribution of power between the agents and their information …
Persistent link: https://www.econbiz.de/10012780612
commitment of donors must not be in doubt. For these conditions to be in place, conflict resolution must be in donors' interests …
Persistent link: https://www.econbiz.de/10014214496
power. When parties are risk-averse, a self-enforcing peace agreement may not be feasible. The bargaining power of the …
Persistent link: https://www.econbiz.de/10014066643