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Strategic wage bargaining with destructive power: the role of commitment

journal contribution
posted on 2023-06-09, 08:42 authored by Paola Manzini
We build a simple allernating-offers bargaining model in which one of the players call commit to damage the "pie" that they are bargaining over. In the unique equilibrium partition his share does not vary monotonically with the discount factor.

History

Publication status

  • Published

Journal

Economics Letters

ISSN

0165-1765

Volume

54

Page range

15-22

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2017-11-08

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