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of biased expectations for wage bargaining, vacancy creation, worker flows and labor market policies. Importantly, we … find that under the widely used period-by-period Nash bargaining protocol, the model generates a counterfactual …
Persistent link: https://www.econbiz.de/10014249742
implications of biased expectations for wage bargaining, vacancy creation, worker flows and labor market policies. Importantly, we … find that the specific assumption about the frequency of wage bargaining crucially shapes the propagation mechanism through …
Persistent link: https://www.econbiz.de/10014501268
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012587476
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I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders …
Persistent link: https://www.econbiz.de/10010403606
Persistent link: https://www.econbiz.de/10011386655
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012648091
Persistent link: https://www.econbiz.de/10012504972