Which statement best illustrates an assumption of the accident theory of strikes?
A) Strikes result in errors.
B) Parties try to penalize each other.
C) Negotiators are rational and would seek to avoid strikes in order to avoid high costs.
D) Bargaining teams hide information to avoid high costs.

Question

Quizplus · Accepted Answer

The accident theory of strikes assumes that both parties involved in negotiations are rational and would naturally seek to avoid strikes due to the high costs associated with them. This theory posits that strikes occur not as a primary strategy but as an unintended consequence of failed negotiations, where both sides would rather reach an agreement to avoid the financial and social costs of a strike.

Which Statement Best Illustrates an Assumption of the Accident Theory