), there will be excessive entry into a Cournot oligopoly for a homogeneous commodity. However, input markets are often … imperfectly competitive and the price of labor is determined by collective bargaining. The resulting rise in wages reduces output …

labour market interdependencies and the consequences of trade liberalisation for union wages. The analysis suggests that … national wages are likely to be strategic complements (substitutes), if products are ordinary substitutes (complements). Under … the assumption of linear demand it is shown that bilateral trade liberalisation always leads to higher union set wages and …

environment strengthens the bargaining position of the union in the centralized regime compared with unions operating in a more …

firms' investment in capital depends on the structure and coordination of bargaining, the preference of unions between wages … extensive, especially in non-Anglo-Saxon countries. Strong unions may influence firms' incentives to invest in capital …, particularly in sectors where capital investments are sunk (irreversible), as in research-intensive sectors. Whether unions affect …

We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised …

. Consequences of how the unions value members and members' status (employed or unemployed) in their collective maximand …

We extend the standard quality-ladder model with heterogeneous workers by including efficiency wages and unions. We …