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Bargaining cum voice

机译:讨价还价兼语音

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摘要

We propose a formal concept of the power of voice in the context of a simple model where individuals form groups and trade in competitive markets. Individuals use outside options in two different ways. Actual outside options reflect the possibility to exit or to join other existing groups. Hypothetical outside options refer to hypothetical groups that are ultimately not formed. Articulation of hypothetical outside options in the bargaining process determines the relative bargaining power of the members of a group, which constitutes an instance of the power of voice. The adopted equilibrium concept, competitive equilibrium with free group formation and bargaining cum voice, endogenizes the outside options as well as the power of voice. We establish existence of such equilibria and we explore their properties.
机译:我们在一个简单的模型中提出一个声音权能的正式概念,在这个简单的模型中,个人组成团体并在竞争性市场中进行交易。个人以两种不同方式使用外部期权。实际的外部选择反映了退出或加入其他现有小组的可能性。假设的外部选择权是指最终没有形成的假设组。讨价还价过程中假设的外部选择的表达决定了组成员的相对议价能力,这构成了话语权的一个实例。所采用的均衡概念,具有自由集团形成和讨价还价与话语权的竞争均衡,内化了外部选择以及话语权。我们建立了这种平衡的存在,并探讨了它们的性质。

著录项

  • 来源
    《Social Choice and Welfare》 |2011年第2期|199-225|共27页
  • 作者

    Hans Gersbach; Hans Haller;

  • 作者单位

    CER-ETH – Center of Economic Research at ETH Zurich Zürichbergstrasse 18 8092 Zurich Switzerland;

    Department of Economics Virginia Polytechnic Institute and State University Blacksburg VA 24061-0316 USA;

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  • 正文语种 eng
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