The paper analyses the wage bargaining process between an entrepreneur and his workforce when delays in agreement intrinsically reduce the amount of returns to be shared It is shown that the outside options of the workforce and the entrepreneur can be a systematic determinant of their bargaining power in contrast to what the Rubinstein (1982) model predicts The basic model is extended to analyse: (i) bargaining under multiple unionism; (ii) the‐ possible relationship between bargaining and efficiency wages; and (iii) under investment in workforce training. Copyright © 1995, Wiley Blackwell. All rights reserved

Dalmazzo, A. (1995). Bargaining Power and Wage Determination: The Role of Outside Options. LABOUR, 9(1), 121-132 [10.1111/j.1467-9914.1995.tb00182.x].

Bargaining Power and Wage Determination: The Role of Outside Options

DALMAZZO, ALBERTO
1995

Abstract

The paper analyses the wage bargaining process between an entrepreneur and his workforce when delays in agreement intrinsically reduce the amount of returns to be shared It is shown that the outside options of the workforce and the entrepreneur can be a systematic determinant of their bargaining power in contrast to what the Rubinstein (1982) model predicts The basic model is extended to analyse: (i) bargaining under multiple unionism; (ii) the‐ possible relationship between bargaining and efficiency wages; and (iii) under investment in workforce training. Copyright © 1995, Wiley Blackwell. All rights reserved
Dalmazzo, A. (1995). Bargaining Power and Wage Determination: The Role of Outside Options. LABOUR, 9(1), 121-132 [10.1111/j.1467-9914.1995.tb00182.x].
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11365/7850
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