چانه زنی های مکرر و نقش بی حوصلگی و قرارداد ناقص

This paper develops a model of firm/union bargaining in which bargaining is repeated. If contracts specify the values of all variables of interest, a player's share of the surplus will decrease as that player becomes more impatient, but impatience has a much weaker effect than in static games. When the contracts do not specify the values of all relevant variables, this result can be reversed and the firm's bargaining power could become greater as it becomes more impatient.