Showing 51 - 60 of 21,414
Persistent link: https://www.econbiz.de/10000899163
Persistent link: https://www.econbiz.de/10009299733
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that … during negotiations on a central scale employers and employees plausibly take output market effects into account, while they … behave competitively during firm-level negotiations. Assuming that in both cases the labour market conflict is settled …
Persistent link: https://www.econbiz.de/10013072513
This paper shows that any attempt to deviate from the basic bargaining line is doomed to fail. The Cournot attempt results in undistributed pie, while the Rubinstein-Binmore one in insufficient distribution. Discount rate may be important to bargaining, but game theorists have not been...
Persistent link: https://www.econbiz.de/10013015707
This paper presents a complete general equilibrium model with flexible wages, where the degree to which wages and productivity change when cyclical employment changes is roughly consistent with postwar U.S. data. Firms with market power are assumed to bargain simultaneously with many employees,...
Persistent link: https://www.econbiz.de/10012721675
We propose a formal concept of the power of voice in the context of a simple model where individuals form groups and trade in competitive markets. Individuals use outside options in two different ways. Actual outside options reflect the possibility to exit or to join other existing groups....
Persistent link: https://www.econbiz.de/10012780465
This paper explores the possibility of privately inefficient job separations due to bargaining friction and its implications for the unemployment dynamics. I propose a simple specification of bargaining friction by including bargaining wedges in the standard Nash bargaining model. Such...
Persistent link: https://www.econbiz.de/10012893924
international negotiations on many problems facing humanity today, because models of international bargaining assume exactly the …
Persistent link: https://www.econbiz.de/10012936801
In 2005, competition was introduced in part of the hospital market in the Netherlands. Using a unique dataset of transactions and list prices between hospitals and insurers in the years 2005 and 2006, we estimate the influence of buyer and seller concentration on the negotiated prices. First, we...
Persistent link: https://www.econbiz.de/10012944264
This paper endogenizes policymaking procedures in a multilateral bargaining framework. A procedure specifies players' proposal power in bargaining over one-dimensional policies. In procedural bargaining players internalize the procedures' effects on subsequent policy bargaining. In policy...
Persistent link: https://www.econbiz.de/10013007522