Fanti, Luciano; Meccheri, Nicola - In: Economics Bulletin 32 (2012) 1, pp. 894-904
While the received literature on unionized duopolies emphasized the key role of inter-union competition in reversing the standard Cournot-Bertrand profit ranking, in this paper such issue is studied in a framework with labour decreasing returns and a centralized (industry-wide) union, hence in a...