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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
unionisation the Pareto-efficient sub-game perfect Nash equilibrium outcome for firms. The issue of entry is also investigated. …
Persistent link: https://www.econbiz.de/10011618302
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
In a union-duopoly strategic context, we explore the endogenous determination and the effects of the unionization structure in a market facing the possibility of inward foreign direct investments (FDI). We focus our analysis on the role of the reservation wages in home and foreign market and...
Persistent link: https://www.econbiz.de/10011094921
In a union-oligopoly context, we interpret the optimal equilibria may arise from the implementation of any possible …
Persistent link: https://www.econbiz.de/10011096779
economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory … production process abroad. Advances in globalization entail lower tariff rates of outsourcing. Contrary to the common wisdom, we …
Persistent link: https://www.econbiz.de/10011438940
This paper shows that market concentration is positively related to outsourcing activities in a framework of Cournot … competition with strategic outsourcing in a first stage. The theoretical priors are confirmed by rank correlation coefficients …
Persistent link: https://www.econbiz.de/10011492264
I model the strategic interaction between firms, that face decisions on investment, forward contracts and spot market quantities. For an investment decision that takes place after firms have contracted forward but before firms compete on the spot market (medium term investment), competition...
Persistent link: https://www.econbiz.de/10010426046
conclude by a discussion of how it is possible to test for risk-averse behaviour in oligopoly by conditioning on the type of …
Persistent link: https://www.econbiz.de/10005649373
In a free-entry Cournot oligopoly model with a quadratic utility function that yields differentiated products, it is … consumer surplus is high. This result is in contrast with results from the free-entry Cournot oligopoly models with homogeneous …
Persistent link: https://www.econbiz.de/10011471748