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´s willingness to participate in a strike. We develop and compare two signaling models of strikes: in one, firms are able to monitor …
Persistent link: https://www.econbiz.de/10011512984
Persistent link: https://www.econbiz.de/10003256856
The process of arbitration has been transformed by a series of Supreme Court decisions that have increased the enforceability of arbitration awards. Beyond that, the Supreme Court has also taken steps to ensure the enforceability of promises to arbitrate. These latter arbitrability issues raise...
Persistent link: https://www.econbiz.de/10014050485
This paper uses as its theoretical starting point the concept of the firm as a nexus of contracts. It examines the full range of contracts which go into forming this nexus: those formally negotiated, those adopted by custom or practice, and those imposed as legal defaults. The concept of...
Persistent link: https://www.econbiz.de/10014105830
Alternative dispute resolution procedures such as arbitration and mediation are the most common methods for resolving wage, contract, and grievance disputes, but they lead to varying levels of success and acceptability of the outcome depending on their design. Some innovative procedures, not yet...
Persistent link: https://www.econbiz.de/10011420109
This paper explores the prisoner's dilemma that may result when workers and firms are involved in labour disputes and must decide whether to hire a lawyer to be represented at trial. Using a representative data set of labour disputes in the UK and a large population of French unfair dismissal...
Persistent link: https://www.econbiz.de/10003975529
We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and ‘ethnic’ conflict among workers. We model a two-dimensional contest, where...
Persistent link: https://www.econbiz.de/10003765832
We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and 'ethnic' conflict among workers. We model a two-dimensional contest, where two...
Persistent link: https://www.econbiz.de/10013325044
, we go over some more recent ones. When a strike changes the future strategic positions of unions relative to firms … compared to a bargain, then a strike can ensue; significantly, the more important the future is considered to be (i.e., the … higher is the discount factor), the more likely a strike is. In a new model we show how solidarity based on identification …
Persistent link: https://www.econbiz.de/10012299563
stock market behavior. An occurrence of a general strike is detrimental to the value of equities, as documented by the …
Persistent link: https://www.econbiz.de/10012902724