Showing 1 - 10 of 909
This note suggests variations to the baseline Nash cooperative solution that take into account the Kalai-Smorodinsky critique. One the one hand, a CES form of the maximand is proven to accommodate both the generalized two-person Nash and the Kalai-Smorodinsky - as other proportional - solutions...
Persistent link: https://www.econbiz.de/10011512976
Persistent link: https://www.econbiz.de/10012950943
This essay borrows heavily from the fields of game theory, baseball business strategy and neuropsychology. Knitting these together, the author advocates that mediators become inciters and advocates for an outcome that solves problems, irrespective of the amount in controversy and the initial gap...
Persistent link: https://www.econbiz.de/10014182916
game in which a monopolistic union sets the wage of its members by taking as given the optimal employment strategy of a … share of produced output, I show that a meaningful open-loop Stackelberg equilibrium requires the union to be more patient …-state equilibrium occur through damped oscillations, after an initial period of decline, the model predicts a stable union wage premium. …
Persistent link: https://www.econbiz.de/10015159183
This paper investigates the patterns of bargaining in multinational enterprises (MNEs) in the presence of labor unions coordination activities. It derives the bargaining regimes which arise as sub-game perfect equilibria, and considers both simultaneous and sequential games where parties choose...
Persistent link: https://www.econbiz.de/10010223425
Persistent link: https://www.econbiz.de/10009229319
We analyze the effect of outsourcing on union wages in a simple two-stage game between a firm and a union. In contrast … wage set by the union. Even in the simple model framework a surprisingly large number of conflicting effects is established …. -- Collective Bargaining ; International Outsourcing ; Union Wages …
Persistent link: https://www.econbiz.de/10003633928
This paper investigates the coordination of bargaining activities among labor unions in a Multinational Enterprise (MNE) with plants in different countries. Making use of a threestage game where the parties sequentially decide whether o coordinate negotiations, it derives the bargaining regimes...
Persistent link: https://www.econbiz.de/10011374375
as a finite sequence of sessions between a firm and a union of variable size. We investigate the impact of such a … 'gradual' union on the wage-employment contract in an economy with concave production. In a static framework, the resulting …
Persistent link: https://www.econbiz.de/10013000751
as a finite sequence of sessions between a firm and a union of variable size. We investigate the impact of such a … 'gradual' union on the wage-employment contract in an economy with concave production. In a static framework, the resulting …
Persistent link: https://www.econbiz.de/10012999534