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Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a … context of Germany where the works council is the analogue of workplace unionism. Using parametric and nonparametric methods … (favorable) impact on investment. …
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We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...
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's decision to unionise (such as social custom theory). A review of the international empirical evidence shows that business cycle …
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