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Those are not the only variables affecting leverage when negotiating pay. As reference see Hollywood actor paychecks after and before Michael Ovitz and CAA.
by fsloth 11y ago
Those are not the only variables affecting leverage when negotiating pay. As reference see Hollywood actor paychecks after and before Michael Ovitz and CAA.
- lukasm 11y agoYes they are. He negotiated market rate for the actors.
- fsloth 11y agoOk, if we take this wide view then yes. But "market rate" is not always a very descriptive when discussing pricing in general because there are often time corner cases where the phenomenon that's actually important is not captured by it. I.e. in market situations where the price can be effectively agreed in an oligopoly then the discussion about oligopolists' pricing has a social context as well, and things like "political leverage" are far more important in studying the phenomenon in larger context than just observing the preset "market rate".