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 …

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 …

the likelihood of settlement. Inasmuch as fact-finding reduces uncertainty about the outcome, it may “chill” bargaining … controlled experimental bargaining environment. …

affect the bargaining outcome at all. We show that when commitment possesses a minimum amount of irrevocability this … crucially determines the bargaining outcome. In the bilateral bargaining case, commitment becomes a source of inefficiency since …

inefficient. Moreover, as the bargaining period becomes short or as the players become very patient, the unique outcome is always …

.S. collective bargaining is the holdout: negotiations often continue without a strike after the contract has expired. Production …

Bargaining often occurs between parties with some shared interest. Partnerships, joint ventures, and cross ownership … are examples. We extend standard bargaining models to allow for joint ownership. Joint ownership reduces costly bargaining … disputes, as bargainers’ interests are more aligned. We then test the theory with collective bargaining data, where employee …

We study wage bargaining in which the union is uncertain about the firm's willingness to pay and threat payoffs vary … inventories or strike funds run out. We find that bargaining outcomes are substantially altered if threat payoffs vary. If dispute …

We present a bargaining model of union contract negotiations, in which the union decides between two threats: the union …