Arbeitspapier
Counter Intuitive Results in a Simple Model of Wage Negotiations
Short-term contracts and exogenous productivity growth are introduced in asimple wage bargaining model. The equilibrium utilities corresponding tomilitant union behaviour are independent of the contract length. The wagedynamics are linear if strike is credible (low wage shares) and nonlinearotherwise (high wage shares). The model can admit two steady state wageshares. The one under strike is not credible exceeds the one under strikeis credible. A wage decrease can occur if strike is credible, but neverwhen strike is not credible. In the limit as time between bargaining roundsvanishes only the first paradox survives.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. 98-115/3
- Classification
-
Wirtschaft
Bargaining Theory; Matching Theory
Labor-Management Relations, Trade Unions, and Collective Bargaining: General
- Subject
-
wage bargaining
wage dynamics
chaos
strike
Verhandlungstheorie des Lohnes
Produktivität
Arbeitskampf
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Houba, Harold
van Lomwel, Gijsbert
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
1998
- Handle
- Last update
-
12.07.2022, 12:44 PM CEST
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Houba, Harold
- van Lomwel, Gijsbert
- Tinbergen Institute
Time of origin
- 1998
Other Objects (12)
Counter Intuitive Learning: An Exploratory Study
Optimal vaccination: various (counter) intuitive examples
Partially coherent conical refraction promises new counter-intuitive phenomena
Gender, culture and STEM: Counter-intuitive patterns in Arab society
Gender, culture and STEM: Counter-intuitive patterns in Arab society
Rapid environmental change in games: complications and counter-intuitive outcomes
Gender differences in experimental wage negotiations
Wage negotiations and strategic responses to transparency
Counter-intuitive penetration of droplets into hydrophobic gaps in theory and experiment
Do burglar alarms increase burglary risk? A counter-intuitive finding and possible explanations
Giant Catalytic DNA Particles for Simple and Intuitive Detection of Pb2+
The Attraction of FDI to Conflicted States: The Counter-Intuitive Case of US Oil and Gas
Counter Intuitive Learning: An Exploratory Study
Optimal vaccination: various (counter) intuitive examples
Partially coherent conical refraction promises new counter-intuitive phenomena
Gender, culture and STEM: Counter-intuitive patterns in Arab society
Gender, culture and STEM: Counter-intuitive patterns in Arab society
Rapid environmental change in games: complications and counter-intuitive outcomes
Gender differences in experimental wage negotiations
Wage negotiations and strategic responses to transparency
Counter-intuitive penetration of droplets into hydrophobic gaps in theory and experiment
Do burglar alarms increase burglary risk? A counter-intuitive finding and possible explanations
Giant Catalytic DNA Particles for Simple and Intuitive Detection of Pb2+
The Attraction of FDI to Conflicted States: The Counter-Intuitive Case of US Oil and Gas
Counter Intuitive Learning: An Exploratory Study
Optimal vaccination: various (counter) intuitive examples
Partially coherent conical refraction promises new counter-intuitive phenomena
Gender, culture and STEM: Counter-intuitive patterns in Arab society
Gender, culture and STEM: Counter-intuitive patterns in Arab society
Rapid environmental change in games: complications and counter-intuitive outcomes
Gender differences in experimental wage negotiations
Wage negotiations and strategic responses to transparency
Counter-intuitive penetration of droplets into hydrophobic gaps in theory and experiment
Do burglar alarms increase burglary risk? A counter-intuitive finding and possible explanations
Giant Catalytic DNA Particles for Simple and Intuitive Detection of Pb2+