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 …

nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining or … involve a strike. We examine these predictions using U.S. bargaining data from 1970 to 1995. The data suggest that ESOPs do … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …

The labor economics literature has shown that the "efficient bargaining" model, in which wage and employment are … negotiated simultaneously, is less frequently used on unionized markets than the less efficient "right-to-manage" model, in which … wage is determined via bargaining and employment determined subsequently and unilaterally by the firm. This paper reports …

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 …

from developing concrete and enduring responses to emerging ecosystem service markets, policies, and initiatives. Principle …