We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the …

bargaining (as practised in Germany for the last decades) on the one hand, and local bargaining (as customary in the UK and … lately aspired by some German publishers) on the other. We point out several advantages of centralized bargaining: While, in … the short run, local bargaining appears more attractive to publishers, it may lead to higher prices for readers and, in …

bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may harm also the …

Using a representative establishment dataset, this paper analyzes the incidence of wage posting and wage bargaining in … force or just finished their apprenticeship are also less likely to get a chance of negotiating. Wage bargaining is more …

This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union …. Wages and aggregate employment levels are set according to an efficient (Nash) bargaining agreement while the commodity … the total production surplus, efficient bargaining implies no efficiency loss in production. However, due to the price …

This paper indicates that the extent of collective bargaining coverage in an industry may depend on the differences in … likely to decrease. We measure correlations between productivity variation and collective bargaining coverage in various … bargaining agreements may indeed be negatively correlated with the dispersion of plant productivity within an industry, while the …

surplus is more equitable compared to the case with a purely selfish worker. Moreover, the optimal contract with bargaining … approaches the welfare-optimal contract as the parties' bargaining power converges. Our results help explain why workers are … imply that raising the bargaining power of the less powerful party may increase welfare …