participants show a preference for decision authority and choose single-issue bargaining in most cases even though efficiency is …The labor economics literature has shown that the "efficient bargaining" model, in which wage and employment are … wage is determined via bargaining and employment determined subsequently and unilaterally by the firm. This paper reports …

This note considers a bargaining environment with two-sided asymmetric information and quasilinear preferences in which … parties select bargaining mechanism after learning their valuations. I demonstrate that sometimes the buyer achieves a higher … ex-ante payoff if the bargaining mechanism is selected by her opponent rather than by herself. In the model, the buyer …

constitutional reforms. In a setting where lawmakers interact with a lobby through a bargaining process and with voters by means of … elections, we show that when time constraints are binding, bicameralism might lead to a decline in the legislator's bargaining … ; bargaining ; elections …

equilibrium prices, network formation, and hospital exit. We estimate a structural model of insurer-hospital bargaining that …

nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining or … involve a strike. We examine these predictions using U.S. bargaining data from 1970 to 1995. The data suggest that ESOPs do … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …