Examlex
Messages to management are more persuasive when they include words such as "you must" or "we should."
Labor Negotiation Game
A strategic interaction between employers and employees or their representatives aimed at establishing terms of employment, including wages and working conditions.
Payoffs
The returns or benefits received from an investment or decision.
Bargaining Hard
The process of negotiating firmly and assertively to reach a desired agreement or outcome.
Sequential Game
A strategic game in which players make decisions in a specific order, with later decisions possibly depending on actions taken by those who moved earlier.
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