Showing 1 - 10 of 2,063
auf. Denn Lohnverhandlungen ausschließlich auf der betrieblichen Ebene führen dort zu teilweise beachtlichen …
Persistent link: https://www.econbiz.de/10010297655
To account for the illegal nature of price-fixing agreements, detection probabilities are introduced in a dynamic oligopoly. It follows that for a trigger strategy to sustain a non-cooperative collusive equilibrium as a SPNE both the discount rate and all per-period detection probabilities have...
Persistent link: https://www.econbiz.de/10010325051
The condition is derived for Friedman 's trigger strategy to sustaina collusive market equilibrium as a noncooperative Nash equilibriumgiven subjective beliefs as to the antitrust authority's ability of suc-cesfully dissolving the illegal cartel.
Persistent link: https://www.econbiz.de/10010325055
An increase in cartel discovery probability due to irregular price movements that result from cartel defection is shown to increase cartel stability as short-run defection profits are less likely to be earned.
Persistent link: https://www.econbiz.de/10010325447
methods, for example, and find strong support for explanations based on labor union contracts and implicit wages for Germany …. Furthermore, survey respondents indicated that labor union contracts and implicit contracts are important reasons for wage … skilled. In contrast to the US experience for German firms insider-outsider behavior, labor union contracts and specific human …
Persistent link: https://www.econbiz.de/10010297890
In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be replaced by a more decentralized system. This paper provides a critical assessment of the current wage bargaining institutions and reexamines the case for a more decentralized...
Persistent link: https://www.econbiz.de/10010297632
This paper examines the relationship between institutions and the remuneration of different jobs by comparing the German and Belgian labour markets with respect to a typology of institutions (social representations, norms, conventions, legislation, and organisations). The observed institutional...
Persistent link: https://www.econbiz.de/10010280666
We test the theoretical claim that coordination and centralisation in wage setting reduce strike activity by estimating nonlinear regression models using a dataset of 17 OECD countries for the period 1972-2000. We find moderating effects of coordination on strike activity but the effects are not...
Persistent link: https://www.econbiz.de/10010266775
Empirical observations show that education helps to protect against labor market risks. This is twofold: The higher educated face a higher expected wage income and a lower probability of being unemployed. Although this relationship has been analyzed in the literature broadly, several questions...
Persistent link: https://www.econbiz.de/10010263735
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...
Persistent link: https://www.econbiz.de/10010278650