Sexual Harassment Is It Enough to Set Guidelines

the outcome of a bargaining process, where the division of the pie is made on the basis of the relative bargaining strengths' of the partners. In the simplest scenario, the outcome is efficient, i e, the partners maximise the size of the pie, and then it is divided up according to the bargaining strengths of the partners. The bargaining strengths depend (a) on the alternatives available to the players, i e, what they will get if they walk away from the bargaining table, and (b) the criticality of the resources the respective players contribute. A partner gains bargaining power to the extent the resources contributed by it cannot be replaced/duplicated by the other partners.