The Choice of the Bargaining Agenda in Imperfectly Competitive Markets - ebook

Product and labour markets have strong links. Moreover, labour-management relations and negotiations are central to the functioning of labour market institutions, mostly in advanced economies. The monograph carries out an in-depth analysis of a fundamental aspect of unionised labour markets: the scope of bargaining (i.e. the issues which are the subject of bargaining between firms and unions), and the choice of the negotiation agenda. Those elements are crucial in unions-firms negotiations: in fact, both bargaining parties try to influence the agenda to enhance their respective positions in the determination of the wage outcomes.

***

Domenico Buccella, Ph.D. – Assistant Professor at Kozminski University in Warsaw, Poland. His current research mainly focuses on industrial organization, collective bargaining, and in particular, the relations between product and labour markets.

Cover

Title

Colofon

Acknowledgments

Chapter 1. The collective bargaining level in advanced economies

1. Introduction

2. Overview

2.1. Methodology

2.2. Structure

Chapter 2. The union-firm bargaining agenda selection in monopoly

1. Introduction

2. Bargaining models: Right-to-Manage and Efficient Bargaining

2.1. Preliminary considerations

2.2. The Right-to-Manage model

2.3. The Efficient Bargaining model

3. Extensions

3.1. Network industries

3.2. Managerial delegation

3.3. Public/private monopoly

4. Conclusions

Chapter 3. The choice of the bargaining agenda in a duopoly: the basic framework and some extensions

1. Introduction

2. The basic model

3. A unionised labour market

3.1. The Right-to-Manage institution

3.2. The Efficient Bargaining institution

3.3. Mixed case: one bargaining unit chooses Efficient Bargaining and the other chooses Right-to-Manage

4. Equilibrium agendas

4.1. A game with simultaneous Efficient Bargaining and mixed case 1

4.2. A game with simultaneous Efficient Bargaining and mixed case 2

4.3. Discussion of the outcomes of two timings of the bargaining agenda game

5. Extensions

5.1. Different degrees of market competition: a conjectural variation model

5.2. Unions have distinct preferences: a more general union utility function

5.3. Network industries

6. Conclusions

Chapter 4. Concluding remarks

Bibliography