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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
wages and conditions of employment between parties at the workplace level have traditionally led to concerns about the … bargaining and decentralization of the Australian industrial relations system. The shift comports with the ‘third way' ideology … bargaining asymmetry between parties, use of capricious or unfair conduct during bargaining, and the possibility of bargaining …
Persistent link: https://www.econbiz.de/10013122391
efficiently according to the familiar Nash bargaining solution, we show that central negotiations lead to a lower employment level … result counters the critique that efficient negotiations result in employment levels exceeding the competitive level …
Persistent link: https://www.econbiz.de/10013072513
are concerned that proposals may be used "opportunistically" as bargaining chips by activists to extract side payments … negotiations. Our empirical strategy relies on the observation that proposals have higher bargaining-chip value in contract …
Persistent link: https://www.econbiz.de/10012936891
maturity: (i) increases when approaching negotiations and in response to greater bargaining power held by workers; and (ii) is …, where firms use longer debt maturity to improve their resilience to strikes and bargaining positions. Our results indicate …
Persistent link: https://www.econbiz.de/10013238918
efficiently according to the familiar Nash bargaining solution, we show that central negotiations lead to a lower employment level … result counters the critique that efficient negotiations result in employment levels exceeding the competitive level. …
Persistent link: https://www.econbiz.de/10010210111
This study proposes a non-cooperative coalitional bargaining game model to analyse wage negotiations between one … externalities are more positive, there exists a grand-coalition SSPE of the bargaining game for any discount factor. However, if the …
Persistent link: https://www.econbiz.de/10012996131
This text develops a bargaining trade union model which includes working time and wages in the set of negotiated … the first part of the text, equilibrium wages, hours of work and employment are determined as solution of a Nash … bargaining problem. In the second part, the relationship between legal working time and effective employment is brought out …
Persistent link: https://www.econbiz.de/10014195594
Multiemployer collective bargaining relationships between unions and employer associations easily devolve into … legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers … profits in the form of higher wages and benefits. A threat to this cartel is an employer who wants to bargain with the union …
Persistent link: https://www.econbiz.de/10014200477
organization and regulate industrial relations to promote equity in bargaining between employers and employees and to promote … conflicts with respect to organizing, collective bargaining, and enforcing collective agreements. Elections, the requirement of … bargaining in good faith, and arbitration were advanced to replace the parties' cruder methods of resolving such conflicts …
Persistent link: https://www.econbiz.de/10014065236