Collective Bargaining under Non-Binding Contracts
نویسندگان
چکیده
منابع مشابه
Bargaining, binding contracts, and competitive wages
In an analysis of a model where many workers bargain with a ...rm and sign binding contracts, we show existence of a stationary subgame perfect equilibrium. If the production function satis...es decreasing returns, each worker receives a share of his marginal product (treating all other workers as employed) in equilibrium. Thus, wages are competitive. This is in contrast to Stole and Zweibel (1...
متن کاملBargaining over Incentive Contracts
Standard contract theory assumes that the principal holds all of the bargaining power. By implementing alternating o¤er and strategic delay, we transform the one-shot contracts design game into the in nite-horizon contracts bargaining game. The uninformed principal and the informed agent bargain over multiple dimensions. Our paper presents the following new results. When the di¤erence between t...
متن کاملTax Progression under Collective Wage Bargaining and Individual Effort Determination
In this paper, we study the impact of tax policy on wage negotiations, workers' effort, and employment when effort is only imperfectly observable. We show that the different wage-setting motives – rent sharing and effort incentives – reinforce the effects of partial tax policy measures but not necessarily those of more fundamental tax reforms. We show that a higher degree of tax progression alw...
متن کاملCollective rationality in bargaining
Roth (1977) axiomatized the Nash (1950) bargaining solution without Pareto optimality. His result is considered an improvement on Nash’s original one, since it dispenses with notions of collective rationality. Several variants of Roth’s result have been obtained in a line of subsequent works. However, all of them rely on Nash’s (1950) independence axiom. Whether or how collective rationality ca...
متن کاملCollective Bargaining Ms .
A stable and effective industrial relations system is vital for the economic and social development of any country. It is on this foundation that sustained economic growth with equitable distribution of income, especially to labour, can be achieved. In turn, collective bargaining, which is an integral component of industrial relations, is essential if sustained economic growth is to be achieved...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.1763693