A strategic three party bargaining model is developed in which one distinguished party, the firm, has to reac h agreements with the other two, each of which is a group of workers. In the prebargaining stage, the two worker groups decide whether to organize jointly or separately. The main...

The basic idea is that employed and unemployed workers have diverging interest s and that wage decisions tend to favor the interest of those employe d. This is shown to imply that unemployment, once created, tends to p ersist after wage contracts have been negotiated anew. The reason is that the...

This paper is about the interactions between trade policy and a narrow but important aspect of competition policy, namely merger policy. We focus on links between merger policies and trade liberalisation. We put special emphasis on the topical issue of the role that international agreements such...