firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per …

or discriminatory. Firms are heterogenous with regard to international competition. When unions choose their wage regimes … is sufficiently intense, both unions revert to the discriminatory regime. Paradoxically only in those latter instances … all parties (consumers, workers and firms) may be better off (each in aggregate) if all unions adopt a uniform wage regime …

powerful unions. In contrast, we obtain a domestic merger outcome whenever firms are sufficiently heterogeneous (in terms of … than under a cross-border merger outcome. -- Unionization ; International Oligopoly ; Endogenous Mergers ; Countervailing …

), there will be excessive entry into a Cournot oligopoly for a homogeneous commodity. However, input markets are often …

firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per …

This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On … the contrary, collusion is destabilised when a potential deviator sells a significant amount forward. Results do not …