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Downstream merger with oligopolistic input suppliers
Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars - 2002
We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions organising workers. If the input suppliers are...
Persistent link: https://www.econbiz.de/10011409994
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Downstream Merger with Oligopolistic Input Suppliers
Lommerud, Kjell Erik; Straume, Odd Rune; Sorgard, Lars - 2021
We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions organising workers. If the input suppliers are...
Persistent link: https://www.econbiz.de/10013320499
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Labor-market concentration and labor compensation
Qiu, Yue; Sojourner, Aaron - 2019
from confounded product-market concentration. Analysis extends beyond wages to rates of employment-based health insurance …
Persistent link: https://www.econbiz.de/10011972950
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Internationalization of Firms’ Activities and Company Union Wage Strategies
Buccella, Domenico - 2014
Using a two-country duopoly model with homogeneous goods, firms' decisions with respect to international activities (trade vs. foreign direct investment - FDI) in the presence of company-wide unions are analyzed. If firms export, they pay trade costs per unit of the goods exported. If firms...
Persistent link: https://www.econbiz.de/10013052290
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Revisiting the Impact of Union Structures on Wages - Integrating Different Dimensions of Centralisation
Gürtzgen, Nicole - 2008
In a framework of a unionised oligopoly, this paper reconsiders the impact of the bargaining structure on union wages … argument will be that negotiated wages rather depend on the technical relationship between different groups of labour and goods …
Persistent link: https://www.econbiz.de/10014075964
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Revisiting the impact of union structures on wages : integrating different dimensions of centralisation
Gürtzgen, Nicole - 2003
Persistent link: https://www.econbiz.de/10013428559
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Revisiting the impact of union structures on wages : integrating different dimensions of centralisation
Gürtzgen, Nicole - 2003
In a framework of a unionised oligopoly, this paper reconsiders the impact of the bargaining structure on union wages … argument will be that negotiated wages rather depend on the technical relationship between different groups of labour and goods …
Persistent link: https://www.econbiz.de/10011448511
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How to counter union power? : equilibrium mergers in international oligopoly
Pagel, Beatrice; Wey, Christian - 2013
We re-examine the common wisdom that cross-border mergers are the most effective merger strategy for firms facing …'s ability to extract rents. When asymmetries among fims vanish, then cross-border mergers are the unique equilibrium. However … than under a cross-border merger outcome. -- Unionization ; International Oligopoly ; Endogenous Mergers ; Countervailing …
Persistent link: https://www.econbiz.de/10009725245
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Welfare-enhancing trade unions in an oligopoly with excessive entry
De Pinto, Marco; Goerke, Laszlo - 2016
imperfectly competitive and the price of labor is determined by collective bargaining. The resulting rise in wages reduces output …
Persistent link: https://www.econbiz.de/10011458468
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Market power of the input supplier, technology transfer and consumer welfare
Cao, Jiyun; Mukherjee, Arijit - 2014
It is believed that market power of the input supplier, charging a linear price, is detrimental for the consumers since it creates the double marginalisation problem. We show that this view may not be true if the final goods producers can adopt strategies to reduce rent extraction by the input...
Persistent link: https://www.econbiz.de/10010438381