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Collective bargaining under non-binding contracts
Dobbelaere, Sabien; Luttens, Roland Iwan - 2011
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...
Persistent link: https://www.econbiz.de/10011383244
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Collective bargaining under non-binding contracts
Dobbelaere, Sabien; Luttens, Roland Iwan - 2011
with the coalitional structure that follows from unionization. -- collective bargaining ; union ; firm ; bargaining power …
Persistent link: https://www.econbiz.de/10009230679
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Collective Bargaining Under Non-Binding Contracts
Dobbelaere, Sabien - 2014
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...
Persistent link: https://www.econbiz.de/10013068560
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Collective Bargaining under Non-Binding Contracts
Dobbelaere, Sabien; Luttens, Roland Iwan - 2014
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...
Persistent link: https://www.econbiz.de/10014185817
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When unionisation is profitable for firms in network industries
Fanti, Luciano; Buccella, Domenico - 2017
In an industry characterised by the presence of network effects, this paper investigates a duopolistic game in which firms may choose whether to bargain over wages and employment with unions or to face a competitive labour market (i.e. without unions). If unions are sufficiently risk-averse, it...
Persistent link: https://www.econbiz.de/10011618302
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Evolution of union wages and determinants
Fang, Tony; Hartley, John - 2022
). This earnings advantage of union workers is known as the union wage premium. The premium differs by country, industry … empirical techniques are reviewed, and premium estimates by country/region are presented. An average union wage premium of 0 …
Persistent link: https://www.econbiz.de/10013259835
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A model of union formation
Westermark, Andreas - 1999
of encompassing unions. This result holds for different ways of dividing the surplus within the union. The effects of … in heterogeneity does not affect the decision whether to form a union or not. This contrasts with the result in Jun (1989). …
Persistent link: https://www.econbiz.de/10011585921
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Legal Positions and Institutional Complementarities
Pagano, Ugo - 2002
Legal positions (such as rights, duties, liberties, powers, liabilities and immunities) are linked together by strong institutional complementarities differing from the usual institutional complementarities that have been recently considered by the Economic Literature. Legal positions do not...
Persistent link: https://www.econbiz.de/10014110714
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Legal Positions and Institutional Complementarities
Pagano, Ugo - 2005
Legal positions (such as rights, duties, liberties, powers, liabilities and immunities) are linked together by strong institutional complementarities that differ from the usual institutional complementarities that have been recently considered in economic literature. Legal positions not only...
Persistent link: https://www.econbiz.de/10014065885
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Shapley-Value Parables of Corporations as Evolutive Systems of Associational Cognition
Aoki, Masahiko - 2012
Instead of taking the orthodox view of business corporations as nexuses of contracts as a basic premise, this article focuses on their aspect as “incorporating” autonomous systems of associational (group-level) cognition for business objectives. In order for such a system to be consistent...
Persistent link: https://www.econbiz.de/10013112803