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unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers' wages …
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product differentiation and the weight attached by unions to wages with respect to employment. Moreover, it also proves to be …
Persistent link: https://www.econbiz.de/10013186449
Based on a price setting duopoly model, this paper argues that collusion on managerial incentive compensation may have the equivalent effect to collusion on prices. This paper also provides an analysis of the effect of different antitrust fines regimes in the context of a game between two...
Persistent link: https://www.econbiz.de/10012952909
This paper shows how a series of commonly observed short-term CEO employment contracts can improve cartel stability compared to a long-term employment contract. When a manager's short-term appointment is renewed if and only if the firm hits a certain profit target, then (i) defection from...
Persistent link: https://www.econbiz.de/10009628399
unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers wages …
Persistent link: https://www.econbiz.de/10001486542
unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers wages …
Persistent link: https://www.econbiz.de/10011333286
, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …
Persistent link: https://www.econbiz.de/10010341147