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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
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
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised wage bargaining. In this context, we show the implications of preference function, which affects the market size. A higher union bargaining power increases innovation if...
Persistent link: https://www.econbiz.de/10010413720
raise wages above the competitive level, output and profits per firm decline, which could deter entry and thus improve …
Persistent link: https://www.econbiz.de/10012866378
It is commonly believed that the choice of adopting Corporate Social Responsibility (CSR) behaviours is beyond the scope of profit enhancement. In a unionised oligopoly with centralised wage setting and decreasing returns to scale technology, the present paper shows that the owners' choice of...
Persistent link: https://www.econbiz.de/10012268134
raise wages above the competitive level, output and profits per firm decline, which could deter entry and thus improve …
Persistent link: https://www.econbiz.de/10012024580
In this paper we analyze the private and public incentives towards skill acquisition when the skill level of workers determines the quality level of goods, and both labor and product markets are non competitive. We delve into the mechanisms that determine the equilibrium skill acquisition...
Persistent link: https://www.econbiz.de/10011730938
setting is centralized, wages do not depend on product quality differentiation in the product market but when the bargained …
Persistent link: https://www.econbiz.de/10014464640
Unionized Oligoplies are market structures with incomplete upstream labour markets interacting with incomplete downstream product markets. In this survey I give and overview of the recent development any main findings of this strand of literature
Persistent link: https://www.econbiz.de/10013142829
and destruction during the period 2003-2012. As local regional-industrial unionisation increases, wages grow. Lay …
Persistent link: https://www.econbiz.de/10011925565