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We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … potential willingness of the stakeholder to make contributions to promote agreement may be the source of severe inefficiency …. However, and more surprisingly, for a wide range of parameter values this outcome is better for the stakeholder than if he …
Persistent link: https://www.econbiz.de/10011405186
We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … potential willingness of the stakeholder to make contributions to promote agreement may be the source of severe inefficiency …. However, and more surprisingly, for a wide range of parameter values this outcome is better for the stakeholder than if he …
Persistent link: https://www.econbiz.de/10001647017
Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it … asymmetric information to prominence as a significant cause of strikes. After reviewing such long-standing potential explanations … with the union can lead to strikes. Additionally, power asymmetries, reputation-building, and internal union politics can …
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
Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it … asymmetric information to prominence as a significant cause of strikes. After reviewing such long-standing potential explanations … with the union can lead to strikes. Additionally, power asymmetries, reputation-building, and internal union politics can …
Persistent link: https://www.econbiz.de/10013315184
We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …
Persistent link: https://www.econbiz.de/10011674462
The labor economics literature has shown that the "efficient bargaining" model, in which wage and employment are … wage is determined via bargaining and employment determined subsequently and unilaterally by the firm. This paper reports … an experiment in which the choice of the bargaining agenda is endogenous within a noncooperative game. We find that …
Persistent link: https://www.econbiz.de/10003115148
The purpose of this paper is to analyze bargaining between a firm and a finite set of workers. In particular employment … selected workers then decide whether they want to proceed in bargaining with the firm. Finally, bargaining takes place. In …
Persistent link: https://www.econbiz.de/10011585912
union. Applying the (asymmetric) Nash bargaining solution, we find that under reasonable conditions, it is beneficial for at … tariff unions. -- Trade-union formation ; wage-employment bargains ; Nash bargaining solution ; industry and professional …
Persistent link: https://www.econbiz.de/10003763197
in this class combine three attractive features: they are defined on the entire domain of convex n-person bargaining …
Persistent link: https://www.econbiz.de/10009526199