Information sharing in union-firm relationships

被引：1

作者：

Creane, Anthony

Davidson, Carl ^{[1
]}

机构：

[1] Michigan State Univ, Dept Econ, E Lansing, MI 48824 USA

来源：

INTERNATIONAL ECONOMIC REVIEW | 2008年 / 49卷 / 04期

关键词：

D O I：

10.1111/j.1468-2354.2008.00514.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Large firms often negotiate wage rates with labor unions. When they do, an ex ante agreement to share information should make it more likely that they will reach an agreement and capture the gains from trade. However, if the firm refuses to share information, the union may shade down its wage demand to increase the probability of acceptance. This reduction in the wage can increase the joint surplus of the agents and increase social welfare. As a result, there are some circumstances in which bargaining with incomplete information can be better for the agents and society than bargaining with complete information.

引用

页码：1331 / 1363

页数：33

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