Bargaining and Strikes
证明,如果谈判间隔虽短但不可忽略,且罢工期间企业盈利能力可能下降,则信息不对称也能导致长期罢工,并简要讨论了该理论对罢工数据的解释力。
A recent literature has shown that asymmetric information about a firm's profitability does not by itself explain strikes of substantial length if the firm and workers can bargain very frequently without commitment. In this paper we show that substantial strikes are possible if (a) there is a small (but not insignificant) delay between offers; and (b) a strike-bound firm may experience a decline in profitability after a certain point. A brief discussion of the ability of the theory to explain the data on strikes is included.