Profit sharing as entry deterrence mechanism

In a right-to-manage framework, this paper analyzes the optimal choice of the pay scheme (profit sharing vs. fixed wage) in a unionized duopoly with potential market entry and decentralized bargaining. The paper shows that, depending on the institutional features, both pay systems can arise as equilibria in Nash strategies. Under duopoly with committed bargaining, the fixed wage is the Nash equilibrium; with flexible bargaining, an agreement between the incumbent firm and its union about profit sharing arises as Nash equilibrium, if the union is not too strong. A monopoly with threat of entry reinforces the selection of profit sharing as a deterrent mechanism.info:eu-repo/semantics/publishedVersio

Theoretical Frameworks That Have Explained Workplace Bullying: Retracing Contributions Across the Decades

It has been suggested that the workplace bullying field is atheoretical in its orientation, which accords with the assertion that applied disciplines often focus on parts of the phenomenon rather than the development of a guiding comprehensive theory. Indeed, across the decades, research on the workplace bullying phenomenon and its impacts has provided important theoretical and applied insights, as opposed to a single theory. A literature review revealed several conceptualizations that have been used to explain how workplace bullying develops and is enabled. Theories comprise those that focus on how bullying behaviours are learnt by an individual, the interactions between the main actors (i.e. perpetrator, target, bystanders), the role of group dynamics in the assignment of in- and out-group categorizations, the importance of the work environment and its interaction with individuals and groups as well as the overarching influence of contemporary society. Thus, a multidimensional ecological framework is considered appropriate to encompass the myriad ways by which individuals, groups and organizational and societal systems interact to influence the instigation and perpetuation of workplace bullying. The systems framework proposed by Branch, Ramsay and Barker (2013) guides the exploration in this chapter of theories, including multidisciplinary theories, that inform our past, current and emergent understanding of workplace bullying.Arts, Education & Law Group, Griffith Criminology InstituteNo Full Tex