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Unionization Structures and Innovation Incentives

Haucap, Justus; Wey, Christian - C.E.P.R. Discussion Papers - 2003

This Paper examines how different unionization structures affect firms' innovation incentives and industry employment. We distinguish three modes of unionization with increasing degree of centralization: (1) ‘decentralization’ where wages are determined independently at the firm-level, (2)...

Persistent link: https://www.econbiz.de/10005667024

Buyer Power and Supplier Incentives

Inderst, Roman; Wey, Christian - C.E.P.R. Discussion Papers - 2002

This Paper investigates how the formation of larger buyers affects a supplier's profits and, by doing so, his incentives to undertake non-contractible activities. We first identify two channels of buyer power, which allows larger buyers to obtain discounts. We subsequently examine the effects of...

Persistent link: https://www.econbiz.de/10005661473

How Strong Buyers Spur Upstream Innovation

Inderst, Roman; Wey, Christian - C.E.P.R. Discussion Papers - 2005

We challenge the view that the presence of powerful buyers stifles suppliers' incentives to innovate. Following Katz (1987), we model buyer power as buyers' ability to substitute away from a given supplier and isolate several effects that support the opposite view, namely that the presence of...

Persistent link: https://www.econbiz.de/10005136445

The Incentives for Takeover in Oligopoly

Inderst, Roman; Wey, Christian - C.E.P.R. Discussion Papers - 2002

application is to compare takeover incentives in a differentiated Cournot and Bertrand oligopoly model with linear demand and … differentiation. An increase in concentration is more likely under Cournot competition if products are complements and more likely … more likely under Bertrand and less likely under Cournot competition. …

Persistent link: https://www.econbiz.de/10005136493