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through price leadership, a form of inter-firm coordination that has been explicitly granted an exemption from antitrust … downstream firms through a variety of legal mechanisms that have also been exempted from antitrust enforcement. Attempts to …
Persistent link: https://www.econbiz.de/10013227118
The applicability of competition laws to collective bargaining has long been debated in the law literature of the U … regulate the structure of markets and to promote competition meanwhile, collective bargaining can also be considered to be … among the primary forces shaping the economy. The relationship between collective bargaining and competition, therefore, is …
Persistent link: https://www.econbiz.de/10012919884
Recent theoretical research has identified many ways how contracts can be used as rent seeking devices vis-à-vis third parties, but there is no empirical evidence on this issue so far. To test some basic qualitative properties of this literature, we develop a theoretical and empirical framework...
Persistent link: https://www.econbiz.de/10013324781
Recent theoretical research has identified many ways how contracts can be used as rent-seeking devices vis-à-vis third parties, but there is no empirical evidence on this issue so far. To test some basic qualitative properties of this literature, we develop a theoretical and empirical framework...
Persistent link: https://www.econbiz.de/10008760467
Persistent link: https://www.econbiz.de/10014340589
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …
Persistent link: https://www.econbiz.de/10014380287
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importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms …' bargaining strategies. Using the elicited strategies for 772 German firms, we document that the majority of firms are willing to … engage in individual wage bargaining. Labor market factors predict firms' strategies better than firm characteristics. Survey …
Persistent link: https://www.econbiz.de/10015211497
Persistent link: https://www.econbiz.de/10010239043