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Striking for a Bargain Between Two Completely Informed Agents

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NBER1989-09-01 更新2025-01-04 收录
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This paper models the wage-contract negotiation procedure between a union and a firm as a sequential bargaining process in which the union also decides, in each period, whether or not to strike for the duration of that period. We show that there exist subgame-perfect equilibria in which the union

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1989-09-01
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