{"abstract":[{"lang":"eng","text":"We analyse the two-dimensional Nash bargaining solution (NBS) by deploying\r\nthe standard labour market negotiations model of McDonald and Solow (1981).\r\nWe show that the two-dimensional bargaining problem can be decomposed into two\r\none-dimensional problems, such that the two solutions together replicate the solution\r\nof the two-dimensional problem if the NBS is applied.  The axiom of\r\nIndependence of Irrelevant Alternatives is shown to be crucial for this type\r\nof decomposability.  This result has significant implications for actual\r\nnegotiations because it allows for the decomposition of a multi-dimensional bargaining\r\nproblem into one-dimensional problems---and thus helps to facilitate real-world\r\nnegotiations."}],"user_id":"20801","project":[{"name":"SFB 901 - A3: SFB 901 - Subproject A3","grant_number":"160364472","_id":"7"},{"name":"SFB 901 - A: SFB 901 - Project Area A","_id":"2"},{"name":"SFB 901: SFB 901","grant_number":"160364472","_id":"1"}],"type":"journal_article","title":"Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining","author":[{"first_name":"Claus-Jochen","id":"20801","full_name":"Haake, Claus-Jochen","last_name":"Haake"},{"first_name":"Thorsten","last_name":"Upmann","full_name":"Upmann, Thorsten"},{"last_name":"Duman","full_name":"Duman, Papatya","first_name":"Papatya","id":"72752"}],"date_created":"2022-04-22T14:10:44Z","ddc":["330"],"doi":"https://doi.org/10.1111/sjoe.12518","_id":"30940","issue":"2","language":[{"iso":"eng"}],"jel":["J52","J41","C78"],"volume":125,"keyword":["Labour market negotiations","efficient bargains","Nash bargaining solution","sequential bargaining","restricted bargaining games"],"year":"2022","has_accepted_license":"1","page":"403-440","department":[{"_id":"205"},{"_id":"475"}],"publication":"Scandinavian Journal of Economics","main_file_link":[{"url":"https://onlinelibrary.wiley.com/doi/10.1111/sjoe.12518"}],"funded_apc":"1","status":"public","article_type":"original","quality_controlled":"1","publication_identifier":{"eissn":["0347-0520"]},"citation":{"chicago":"Haake, Claus-Jochen, Thorsten Upmann, and Papatya Duman. “Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining.” <i>Scandinavian Journal of Economics</i> 125, no. 2 (2022): 403–40. <a href=\"https://doi.org/10.1111/sjoe.12518\">https://doi.org/10.1111/sjoe.12518</a>.","mla":"Haake, Claus-Jochen, et al. “Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining.” <i>Scandinavian Journal of Economics</i>, vol. 125, no. 2, Wiley, 2022, pp. 403–40, doi:<a href=\"https://doi.org/10.1111/sjoe.12518\">https://doi.org/10.1111/sjoe.12518</a>.","bibtex":"@article{Haake_Upmann_Duman_2022, title={Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining}, volume={125}, DOI={<a href=\"https://doi.org/10.1111/sjoe.12518\">https://doi.org/10.1111/sjoe.12518</a>}, number={2}, journal={Scandinavian Journal of Economics}, publisher={Wiley}, author={Haake, Claus-Jochen and Upmann, Thorsten and Duman, Papatya}, year={2022}, pages={403–440} }","ieee":"C.-J. Haake, T. Upmann, and P. Duman, “Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining,” <i>Scandinavian Journal of Economics</i>, vol. 125, no. 2, pp. 403–440, 2022, doi: <a href=\"https://doi.org/10.1111/sjoe.12518\">https://doi.org/10.1111/sjoe.12518</a>.","ama":"Haake C-J, Upmann T, Duman P. Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining. <i>Scandinavian Journal of Economics</i>. 2022;125(2):403-440. doi:<a href=\"https://doi.org/10.1111/sjoe.12518\">https://doi.org/10.1111/sjoe.12518</a>","apa":"Haake, C.-J., Upmann, T., &#38; Duman, P. (2022). Wage Bargaining and Employment Revisited: Separability and Efficiency in Collective Bargaining. <i>Scandinavian Journal of Economics</i>, <i>125</i>(2), 403–440. <a href=\"https://doi.org/10.1111/sjoe.12518\">https://doi.org/10.1111/sjoe.12518</a>","short":"C.-J. Haake, T. Upmann, P. Duman, Scandinavian Journal of Economics 125 (2022) 403–440."},"intvolume":"       125","date_updated":"2023-06-08T16:42:31Z","publication_status":"published","publisher":"Wiley"}