
ERIC Number: EJ092688
Record Type: CIJE
Publication Date: 1974
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A Model of Wage Bargaining Involving Negotiations and Sanctions
Trifon, Raphael; Landau, Moshe
Management Science, 20, 6, 960-970, Feb 74
Some related mathematical models are presented of the bargaining process between an employer, or a group of employers, and a labor union. Its novelty is in the formulation and use of "reactive functions" to explain the attitudes of the respective parties at each stage of the negotiation process and its consequent time-path. (Author)
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