>Bargaining position is ENTIRELY defined by economics. In theory it is, but I haven't seen much if any economic research that actually analyzes, say, desperati

>Bargaining position is ENTIRELY defined by economics. In theory it is, but I haven't seen much if any economic research that actually analyzes, say, desperation as a factor in aggregate wage levels. Much like the effect of raising the minimum wage on profits (ridiculously under researched), there are apparently some topics economists simply don't like looking at.