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incentives than “coordination.” Depending on the innovation outcome, workers' wage bill is maximized under “centralization” if …This paper examines how unionization structures that differ in the degree of wage centralization affect firms …' incentives to increase labor productivity. We distinguish three modes of unionization with increasing degree of centralization …
Persistent link: https://www.econbiz.de/10010278045
This paper examines how different unionisation structures affect firms' innovation incentives and industry employment …: 'Decentralisation' carries higher investment incentives than 'coordination'. Labour market policy can spur innovation by decentralising …
Persistent link: https://www.econbiz.de/10010263388
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …
Persistent link: https://www.econbiz.de/10010312253
This paper studies the introduction of new products (increase in product variety) in the automobile industry. The focus is on the two sources of market power that may allow the firms to get higher profits (and, thus, recoup investments): new products and brand-name reputation. The effects of new...
Persistent link: https://www.econbiz.de/10010298702
China. This paper highlights the innovation strategies of mixed duopoly with a (semi-) public firm and another private firm …, and the effects of mixed oligopoly on innovation are captured. Firstly, the (semi-) public firm innovates more and … produces more than the private firm. Secondly, the degree of the public ownership stimulates the output and innovation. Finally …
Persistent link: https://www.econbiz.de/10011404503
, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions …. Unions have a clear preference for centralization only if productivity improvements are relatively small. …
Persistent link: https://www.econbiz.de/10010325285
We investigate what kind of competitive pressure induces existing firms to engage in more intensive innovation …
Persistent link: https://www.econbiz.de/10010332353
Der in Gang befindliche Übergang von den klassischen Telekommunikationsnetzen zu "Next Generation Networks" bietet zwar hohe Innovationspotenziale, es besteht aber auch die Gefahr, dass marktmächtige Netzbetreiber ihre dominanten Positionen auf die bisher wettbewerblichen Märkte für...
Persistent link: https://www.econbiz.de/10011601738
It has been suggested that mergers, by increasing concentration, raise incentives to invest and hence are pro-competitive. To study the effects of mergers, we rewrite a game with simultaneous price and cost-reducing investment choices as one where firms only choose prices, and make use of...
Persistent link: https://www.econbiz.de/10011853332
innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The … resulting innovation incentive is strictly smaller than in the competitive case. …
Persistent link: https://www.econbiz.de/10010264811