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 … increase the efficiency of labor negotiations by shifting the composition of disputes away from costly strikes. Consistent with …

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 …

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 …

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 …

constitutional reforms. In a setting where lawmakers interact with a lobby through a bargaining process and with voters by means of … elections, we show that when time constraints are binding, bicameralism might lead to a decline in the legislator's bargaining … ; bargaining ; elections …

-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm … viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …, our results show that even though the traditional results of bargaining theory apply in this context, they are generally …

This note considers a bargaining environment with two-sided asymmetric information and quasilinear preferences in which … parties select bargaining mechanism after learning their valuations. I demonstrate that sometimes the buyer achieves a higher … ex-ante payoff if the bargaining mechanism is selected by her opponent rather than by herself. In the model, the buyer …