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Game Theoretic Models of Wage Bargaining

Author

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  • Manzini, P.

Abstract

Rather than a complete survey, this paper aims at being a tool to help apply game theoretic bergaining models to wage negotiations. In this perspective we review a number of articles which explicitly deal with wage determination as well as purely game theoretical models which we believe can be fruitfully extended to account for specific features of labour markets.

Suggested Citation

  • Manzini, P., 1996. "Game Theoretic Models of Wage Bargaining," Discussion Papers 9615, Exeter University, Department of Economics.
  • Handle: RePEc:exe:wpaper:9615
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    References listed on IDEAS

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    1. Bulkley, George & Myles, Gareth D & Pearson, Bernard R, 2001. "On the Membership of Decision-Making Committees," Public Choice, Springer, vol. 106(1-2), pages 1-22, January.
    2. repec:exe:wpaper:00/09 is not listed on IDEAS
    3. Vannetelbosch, Vincent J., 1997. "Wage bargaining with incomplete information in an unionized Cournot oligopoly," European Journal of Political Economy, Elsevier, pages 353-374.
    4. Bulkley, George & Myles, Gareth D., 1997. "Bargaining over effort," European Journal of Political Economy, Elsevier, vol. 13(2), pages 375-384, May.
    5. Robin Naylor, 1989. "Strikes, Free Riders, and Social Customs," The Quarterly Journal of Economics, Oxford University Press, vol. 104(4), pages 771-785.
    6. Naylor, Robin & Cripps, Martin, 1993. "An economic theory of the open shop trade union," European Economic Review, Elsevier, vol. 37(8), pages 1599-1620, December.
    7. Alison L. Booth, 1985. "The Free Rider Problem and a Social Custom Model of Trade Union Membership," The Quarterly Journal of Economics, Oxford University Press, vol. 100(1), pages 253-261.
    8. Moreton, David R., 1998. "An open shop trade union model of wages, effort and membership," European Journal of Political Economy, Elsevier, vol. 14(3), pages 511-527, August.
    9. Myles, Gareth D. & Naylor, Robin A., 1995. "Do unions reduce discrimination? A model of Nash bargaining between a union and an employer with discriminatory tastes," Labour Economics, Elsevier, vol. 2(3), pages 249-274, September.
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    Cited by:

    1. Hessel Oosterbeek & Randolph Sloof & Joep Sonnemans, 2007. "Who should invest in specific training?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 20(2), pages 329-357, April.
    2. Sinclair-Desgagne, Bernard & Cadot, Olivier, 2000. "Career Concerns and the Acquisition of Firm-Specific Skills," Journal of the Japanese and International Economies, Elsevier, pages 204-217.
    3. Drakopoulos, Stavros A. & Katselidis, Ioannis, 2012. "The Development of Trade Union theory and Mainstream Economic Methodology," MPRA Paper 39239, University Library of Munich, Germany.
    4. Gersbach, Hans & Schniewind, Achim, 2001. "Awareness of General Equilibrium Effects and Unemployment," IZA Discussion Papers 394, Institute for the Study of Labor (IZA).

    More about this item

    Keywords

    BARGAINING; WAGES;

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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