firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per …

Multiemployer collective bargaining relationships between unions and employer associations easily devolve into … legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers … unions happily serving as enforcement agents in the scheme. In return, unions receive a share of the increased oligopolistic …

or discriminatory. Firms are heterogenous with regard to international competition. When unions choose their wage regimes … is sufficiently intense, both unions revert to the discriminatory regime. Paradoxically only in those latter instances … all parties (consumers, workers and firms) may be better off (each in aggregate) if all unions adopt a uniform wage regime …

powerful unions. In contrast, we obtain a domestic merger outcome whenever firms are sufficiently heterogeneous (in terms of … than under a cross-border merger outcome. -- Unionization ; International Oligopoly ; Endogenous Mergers ; Countervailing …

), there will be excessive entry into a Cournot oligopoly for a homogeneous commodity. However, input markets are often …

firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per …

In a framework of a unionised oligopoly, this paper reconsiders the impact of the bargaining structure on union wages …