Multiple equilibria in a firing game with impartial justice

B-Tier
Journal: Labour Economics
Year: 2009
Volume: 16
Issue: 3
Pages: 262-271

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we argue that firms' firing strategies and the judicial strategy of dismissed employees depend to a large extent on labor judges' ability to shed light on the various cases. The model is cast as a sequential game with imperfect information featuring firms, employees and labor judges. The judges' error margin increases with the congestion of the judicial system. The game presents multiple equilibria which differ in the frequency of good workers fired for unfair motives and the frequency of unreliable workers who abusively sue firms for unfair dismissal. The probability that the judge sits with the employee appears to be positively related to the ratio between the severance payment for economic dismissal and the company fine for abusive dismissal.

Technical Details

RePEc Handle
repec:eee:labeco:v:16:y:2009:i:3:p:262-271
Journal Field
Labor
Author Count
2
Added to Database
2026-01-24