The role of unions in hiring procedures for job markets
AbstractThis paper studies simple hiring procedures for job markets. We show that when agents act strategically only individually rational outcomes should be expected. Moreover, If agents can form unions, thereby gaining the possibility to commit on the decision to be chosen, only stable allocations are implemented.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 62 (1999)
Issue (Month): 2 (February)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- José Alcalde & Pablo Revilla, 1998. "- The Role Of Unions In Hiring Procedures For Job Markets," Working Papers. Serie AD 1998-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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