-- creditor bargaining power. Whether secondary markets reduce or increase delay depends on the interaction between strategic …

We explore the efficiency and distributive implications (theoretically and experimentally) of a multilateral bargaining … model with endogenous production of the surplus under two different timings: ex ante and ex post bargaining. Both timings … economic tenet: in ex post bargaining, effort is considered sunk and opportunistic bargaining behavior will dissuade players …

sufficiently large bargaining cost, even unionization might be infeasible. As a result, workers can use the political process as a … substitute for collective bargaining. In fact, if all workers widely understand the bargaining process, they are likely to see … the minimum wage as an issue of fairness (i.e. low wage workers do not have the same bargaining opportunities as those …

results from inefficient ex-post bargaining due to asymmetric ex-post information. Implications of this paper's results … bargaining may be inefficient …

bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective … bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent …

the public project? In an incomplete contracting framework with split-the-difference bargaining, Besley and Ghatak (2001 …

The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power …