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An Asymmetric Information Model for Lockouts

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  • Fisher, Timothy C G

Abstract

This note proposes an asymmetric information model of collective bargaining where the firm has the bargaining power and the union the private information. Results show that the firm may use lockouts to induce the union to reveal its private information. Copyright 2001 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Suggested Citation

  • Fisher, Timothy C G, 2001. "An Asymmetric Information Model for Lockouts," Bulletin of Economic Research, Wiley Blackwell, vol. 53(2), pages 153-159, April.
    • Handle: RePEc:bla:buecrs:v:53:y:2001:i:2:p:153-59
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    Cited by:

    1. Mauleon, Ana & Vannetelbosch, Vincent, 2004. "Bargaining with endogenous deadlines," Journal of Economic Behavior & Organization, Elsevier, vol. 54(3), pages 321-335, July.
    2. M Parameswaran, 2021. "Trade Openness and Labour Market Unrest: Evidence from Indian Manufacturing Industry," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 19(2), pages 345-373, June.

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