- THE ROLE OF UNIONS IN HIRING PROCEDURES FOR JOB MARKETS

Jose Alcalde and Pablo Revilla

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: 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.

Keywords: job matching markets; mechanism design (search for similar items in EconPapers)
Pages: 11 pages
Date: 1998-04
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Published by Ivie

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http://www.ivie.es/downloads/docs/wpasad/wpasad-1998-02.pdf Fisrt version / Primera version, 1998 (application/pdf)

Related works:
Journal Article: The role of unions in hiring procedures for job markets (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1998-02

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