Kari’s company is currently involved in negotiation with its union on the upcoming wages contract.
Positive sign wages increase while negative sign represent wages reduction. What are the optimal strategies with the company as well as the union? What is the game value?
union
U1 u2 u3 u4
C1 +0.25 +0.28 +0.14 -0.16
company C2 +0.20 +0.20 -0.20 +0.16
C3 +0.14 +0.22 +0.18 +0.15
C4 +0.25 +0.13 +0.10 -0.9