Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that the value of presents you are giving to your beloved is of importance? We show in this paper that conventional wisdom about Christmas is often doubtful. Furthermore, we give an...

Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that the value of presents you are giving to your beloved is of importance? We show in this paper that conventional wisdom about Christmas is often doubtful. Furthermore, we give an...

Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that the value of presents you are giving to your beloved is of importance? We show in this paper that conventional wisdom about Christmas is often doubtful. Furthermore, we give an...

Relocation of production to countries with low labour cost have induced increased labour market flexibility, which has been praised as a silver bullet for economic growth and low unemployment. Within a unionised oligopoly framework, in which a multi-national firm has the option to relocate its...

Relocation of production to countries with low labour cost have induced increased labour market flexibility, which has been praised as a silver bullet for economic growth and low unemployment. Within a unionised oligopoly framework, in which a multi-national firm has the option to relocate its...

This paper studies the incentives for firms and unions to establish profit sharing contracts as a strategic instrument in a Cournot product market oligopoly with decentralized and centralized wage bargaining. Therefore, we examine the stability of these institutional arrangements and show that...

In this model I show why unions sometimes do not reduce wages, even if it will be profitable for themselves and the economy. The reasons are simple. When I allow unions and firms to be bounded rational agents with limited information, it is individually rational for unions to behave like this....

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