Nicita, Antonio; Rizzolli, Matteo - Econometica - 2009
In this paper we outline the economic rationale behind the virtual strike, and workers' incentives to use this … bargaining solution rather than resorting to standard strike. We show that, from a welfare perspective, a virtual strike always … dominates a standard strike and it would be most needed precisely when workers have weaker incentives to adopt it. We then …