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Author:Banerji, A.
Title:Sequencing strategically: wage negotiations under oligopoly
Journal:International Journal of Industrial Organization
2002 : SEP, VOL. 20:7, p. 1037-1058
Index terms:Bargaining
Negotiation
Oligopoly
Pay
Language:eng
Abstract:The paper addresses the question should an industry-wide union in a unionized oligopoly negotiate new contracts by bargaining with firms simultaneously, or should is 'strategically sequence' its bargaining partners? There are two models: the efficient bargaining model, and the right-to-manage model, in which negotiations are over wages alone, with firms choosing their employment levels after the wage agreements are reached.
SCIMA record nr: 234702
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