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Bargaining regimes in equilibrium.
Hence, the predominant bargaining regimes are NN and CN.
However, the bargaining regimes in equilibrium are sensitive to the timing of the game.
Comparing the preferred estimators, the difference between the two bargaining regimes is not significant.
Further, the anticipation of lower or zero profits for low-productivity jobs discourages vacancy posting in sectoral bargaining regimes.
Therefore, the bargaining regimes in equilibrium are sensitive to the hypothesis regarding the timing of the game.
Similar(39)
"The implicit assumption in economics is that agents who find themselves on the short side of a bargaining regime will aggressively seek greater parity," Chacar and Hesterly write.
Here, unions do not coordinate: full decentralization arises as the bargaining regime in equilibrium.
The first hypothesis relates to the role of the collective bargaining regime.
The order of moves matters: the first-mover advantage of the MNE affects the equilibrium bargaining regime.
Section 2 describes the model and derives the sub-game perfect bargaining regime arising in equilibrium, under both simultaneous and sequential games.
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