We consider a model of wage determination with private information in an oligopoly. We investigate the effects of unions having relative concerns on the negotiated wage and the strike activity. We show that an increase of unions’ relative concerns has an ambiguous effect on the strike activity.

Unions' relative concerns and strikes in wage bargaining

C. Vergari
2014-01-01

Abstract

We consider a model of wage determination with private information in an oligopoly. We investigate the effects of unions having relative concerns on the negotiated wage and the strike activity. We show that an increase of unions’ relative concerns has an ambiguous effect on the strike activity.
2014
Mauleon, A.; Vannetelbosch, V.; Vergari, C.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11568/963201
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