The role of unions in hiring procedures for job markets

  1. Alcalde Pérez, José
  2. Revilla, Pablo
Revista:
Working papers = Documentos de trabajo: Serie AD

Año de publicación: 1998

Número: 2

Tipo: Documento de Trabajo

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Resumen

This paper studies simple hiring procedures for job markets. We show that when agents act strategically only individually rational outcomes should be expected. Moreover, If agents can form unions, thereby gaining the possibility to commit on the decision to be chosen, only stable allocations are implemented.

Fuente de los datos: Dialnet