The public believes that job security has deteriorated dramatically in the United States. In this study, I examine job durations from eight supplements to the Current Population Survey (CPS) administered between 1973 and 1993 in order to determine if, in fact, there has been a systematic change...

It is well known that the organizing environment for labor unions in the U.S. has deteriorated dramatically over a long period of time, contributing to the sharp decline in the private sector union membership rate and resulting in many fewer representation elections being held. What is less well...

A model of the final-offer arbitration (FOA) process is developed, and the Nash equilibrium pair of final offers is derived. It is shown that the more risk-averse party submits a more reasonable offer so that it has a higher probability of being chosen by the arbitrator. The contract zone of...

It is a common observation that many individuals vote despite the fact that, in elections with even a moderate number of voters, the probability their vote will be pivotal is quite small. The theoretical solution of positing that individuals receive utility from the act of voting itself explains...