An ultimatum bargaining experiment on trade union efficiencyAndreou, A., Andreou, S. N., García-Gallego, A. and Georgantzis, N. (2013) An ultimatum bargaining experiment on trade union efficiency. Bulletin of Economic Research, 65 (4). pp. 354-361. ISSN 1467-8586 Full text not archived in this repository. It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing. To link to this item DOI: 10.1111/j.1467-8586.2011.00406.x Abstract/SummaryWe present an ultimatum wage bargaining experiment showing that a trade union facilitating non-binding communication among workers, raises wages by simultaneously increasing employers’ posted offers and toughening the bargaining position of employees, without reducing overall market efficiency.
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