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We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler … problems—and thus helps to facilitate real-world negotiations …
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commitment value as a wage-moderating effect for firms facing unions in bilateral wage negotiations. Finally, some implications …
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We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a bilateral agreement. We explore the strategic implications of this third party involvement. Our main finding is that the potential willingness of the stakeholder to make...
Persistent link: https://www.econbiz.de/10013320730
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler … problems - and thus helps to facilitate real-world negotiations. …
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