Showing 1 - 10 of 1,421
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 … unions’ per member transaction costs may attenuate the conflict of interests between bargaining parties as regards the …
Persistent link: https://www.econbiz.de/10010223425
This paper analyzes the implications of right-to-manage wage bargaining between a producers' syndicate and a workers … activity. At given prices and price expectations, nominal wages are set according to a Nash bargaining agreement. Producers …, including a variety of different qualitative features compared to the situation under efficient bargaining. These differences …
Persistent link: https://www.econbiz.de/10010239909
Persistent link: https://www.econbiz.de/10009767003
This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union …. Wages and aggregate employment levels are set according to an efficient (Nash) bargaining agreement while the commodity … the total production surplus, efficient bargaining implies no efficiency loss in production. However, due to the price …
Persistent link: https://www.econbiz.de/10010340560
Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it was thought that they were a result of mistakes or irrationality. Then, during the 1980s an explosion of research brought asymmetric information to prominence as a significant...
Persistent link: https://www.econbiz.de/10012299563
union. Applying the (asymmetric) Nash bargaining solution, we find that under reasonable conditions, it is beneficial for at …
Persistent link: https://www.econbiz.de/10013316470
The game-strategic foundation of the Nash bargaining solution by a Rubinstein (1982) alternating-offers game shows that … in wage bargaining models the threat point should be the inside, instead of the outside, option. So far, this insight has … wage bargaining models. The solution to the dynamic bargaining system resulting from the endogeneity of inside options can …
Persistent link: https://www.econbiz.de/10014054839
To avoid strikes and curb labour militancy, some governments have introduced legislation stating that union leadership as well as wage offers should be decided through union-wide ballots. This paper shows that members still have incentives to appoint militant union leaders, if these leaders have...
Persistent link: https://www.econbiz.de/10014029334
union. Applying the (asymmetric) Nash bargaining solution, we find that under reasonable conditions, it is beneficial for at … tariff unions. -- Trade-union formation ; wage-employment bargains ; Nash bargaining solution ; industry and professional …
Persistent link: https://www.econbiz.de/10003763197
There has been an explosion of labour contract disputes in China. The authors surveyed participant demographics, experience and opinions concerning the arbitration of these disputes under the local government Labour Dispute Arbitration Bureau (LAB) in the city of Dalian, Liaoning Province....
Persistent link: https://www.econbiz.de/10014044761