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 … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …

This note is about the possibility of a stalemate in a continuing conflict. Following the prevailing economic … literature on the topic, under some assumptions, the outcome of a conflict can be described in two ways: (i) a predetermined … stake. By contrast, in reality many disputes do not have a clear or a definite outcome. A stalemate can end the conflict …

article presents selected aspects of conflict and negotiations in the public sphere with the emphasis on factors bringing …

wars. The mediator has the role to solve any existing conflict and to help repair the breaches from the communicational … conflict triggered by the wage claims of teachers and students while our budget was not able to support those claims followed …

How does creativity play out in social conflict? Just like Mark Twain's observation about difference of opinion and … conflict. If creativity is applied to the handling of differences, the outcome might very well be a mutually beneficial …

bargaining models between unions and firms. While the Nash bargaining solution is unaffected by minimum wages below initially … bargained wages, we show that such minimum wages can drive up wages – and be harmful to employment – when bargaining follows the …

inflationary wage claims is rejected by the data, a better information of the bargaining parties reveals to be insufficient to … decrease the risk of conflict. Classification JEL : C78, J51, J52 …

solution to an intra-personal bargaining problem among different selves of an individual, where each self represents a … coincide with our bargaining solution, for some pair of preference relations. Second, we provide a revealed …-preference foundation to our bargaining solution and characterize the extent to which these two preference relations can be uniquely …