Problem
1. What is the exit-voice hypothesis? What is the implication of this hypothesis for the observed productivity of workers in unionized firms?
2. What is conventional arbitration? What is final-offer arbitration? How do the union and firm take into account the arbitrator's behavior when deciding which wage offers to put on the table?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.