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An international oligopoly model with unionised and non-unionised firms is constructed to make predictions about the pattern of international mergers.
Persistent link: https://www.econbiz.de/10005783559
This paper analyses the scope for collusive behaviour within the context of an international duopoly supergame in which both firms and monopoly labour unions interact strategically.
Persistent link: https://www.econbiz.de/10005783563
We analyse the question of optimal taxation in a dual economy, when the government is concerned about the distribution of labour incom. Income inequality is caused by the presence of sunk capital investments, which creates a 'good jobs' sector due to the capture of quasi-rents by trade unions.
Persistent link: https://www.econbiz.de/10005647153
We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both Cournot and Bertrand competition. If unions are plant-specific, we find that a merger is more profitable than in a corresponding model with exogenous wages. In contrast to the...
Persistent link: https://www.econbiz.de/10005675262
In the present paper, a situation in which the unionised monopoly is challenged by a consumer organisation fighting for deregulation is analysed as a standard Tullock rent-seeking contest.
Persistent link: https://www.econbiz.de/10005675275