- THE ROLE OF UNIONS IN HIRING PROCEDURES FOR JOB MARKETS

This paper studies simple hiring procedures for job markets. We show that when agents act strategically only individually rational outcomes should be expected. Moreover, If agents can form unions, thereby gaining the possibility to commit on the decision to be chosen, only stable allocations are implemented.

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Year of publication:	1998-04
Authors:	Alcalde, José ; Revilla, Pablo
Institutions:	Instituto Valenciano de Investigaciones Económicas (IVIE)
Subject:	job matching markets \| mechanism design

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Extent:	application/pdf
Series:	Working Papers. Serie AD.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published by Ivie 11 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005515948