search query: @author Padilla, J. / total: 6
reference: 5 / 6
| Author: | Padilla, J. |
| Title: | Wage bargaining in industries with market power |
| Journal: | Journal of Economics and Management Strategy
1996 : WINTER, VOL. 5:4, p. 535-564 |
| Index terms: | ECONOMICS MANAGEMENT STRATEGY |
| Language: | eng |
| Abstract: | The authors develop a game-theoretic version of the right-to-manage model of firm-level bargaining where strategic interactions among firms are explicitly recognized. The authors' main aim is to investigate how equilibrium wages and employment react to changes in various labour and product market variables. The authors show that their comparative statics results hinge crucially on the strategic nature of the game, which in turn is determined by the relative bargaining power of unions and managers. |
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