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“The Win-Win-Win Papakonstantinidis Model”: Bargaining Possibilities When there are Three Involved Parties on a Labour Market and two of them are Active Decision-Makers – Cases Greece-Germany

Author

Listed:
  • Thomas Kronberger

    (Faculty of Management, Comenius University, Odbojarov Bratislava, Slovakia)

  • Leonidas Papakonstantinidis

    (University of Peloponnesus, University of Bandar-Lampung (UBL)-Indonesia)

Abstract

That’s a summary of our research in Greece and Germany as it concerns with their “labor market”. We examine the 3-polar system in the labor market, State-Company-Citizen. The aim of this paper is to show the bargaining possibilities when there are three involved parties on a labor market and two of them are active decision-makers. The third one is stakeholder who does not directly take part in the decision-making process. We will show possible solutions for increasing the benefit for all three parties. As an introduction, basic statistical data from Greece and Germany will be presented and structured. After this, the different behaviors of the parties in both countries will be regarded and their bargaining success will be illustrated.

Suggested Citation

  • Thomas Kronberger & Leonidas Papakonstantinidis, 2019. "“The Win-Win-Win Papakonstantinidis Model”: Bargaining Possibilities When there are Three Involved Parties on a Labour Market and two of them are Active Decision-Makers – Cases Greece-Germany," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 4(6), pages 68-98, February.
    • Handle: RePEc:mgs:ijoied:v:4:y:2019:i:6:p:68-98
    DOI: 10.18775/ijied.1849-7551-7020.2015.46.2005
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    More about this item

    Keywords

    Labour Market; Bargaining Problem Decision Making; Stakeholders; Win-win-win; Profit maximization; the Equi-Harmony; New Equilibrium; Sequences limit-up;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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