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Incentives for Wage Maximisers and Internal Bargaining Firms

Author

Listed:
  • Kirman, A.P.
  • Suvakovic, D.

Abstract

The paper proposes a simple mechanism, also applicable to certain models of internal bargaining, that induces firms to eliminate practically all efficiency losses and to react normally to changes in exogeneous variables.

Suggested Citation

  • Kirman, A.P. & Suvakovic, D., 1996. "Incentives for Wage Maximisers and Internal Bargaining Firms," G.R.E.Q.A.M. 96a19, Universite Aix-Marseille III.
    • Handle: RePEc:fth:aixmeq:96a19
    as

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    More about this item

    Keywords

    BARGAINING; WAGES; FISCAL POLICY;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms

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