Unions in the public service of the Government of Canada may choose unilaterally whether an impasse in bargaining will be resolved by a strike or by arbitration. This paper empirically models the union's choice of bargaining route together with wage determination under each route. Allowance is...

This paper attempts to revive in the sales maximization hypothesis by providing that there are conditions under which such an objective can be profitable. Competition is modelled as a two-stage game. In the first stage owners write contracts with managers instructing them on whether to maximize...