Effects of bargaining legislation on worker and management reconciliation decisions—a bivariate duration analysis

• Main Authors: Reza, Sadat, Rilstone, Paul
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2024
• Subjects: Business and Management; Bargaining; Computer simulation
• Online Access: https://hdl.handle.net/10356/174688
• Institution: Nanyang Technological University

We examine bargaining legislation effects on the union and management reconciliation decisions following announcement of a strike using a bivariate duration model. The durations associated with the two groups are latent, and we argue that under weak assumptions the key parameters are identified. Sim...