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evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …
Persistent link: https://www.econbiz.de/10012024580
The present work analyzes the effects of goods and capital market integration on welfare. In an imperfectly competitive industry with unionized labor, openness to competition via exports, the possibility of holding minority stakes into a rival company and undertaking Greenfield Foreign Direct...
Persistent link: https://www.econbiz.de/10012264629
evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …
Persistent link: https://www.econbiz.de/10012866378
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
We develop an oligopoly model in which firms facing unionised domestic labor markets choose between producing an … intermediate good in-house and outsourcing it to a nonunionised foreign supplier that makes a relationship-specific investment in … developing the intermediate. The paper sheds light on the issue of whether international outsourcing offers a means to ‘escape …
Persistent link: https://www.econbiz.de/10013117972
), there will be excessive entry into a Cournot oligopoly for a homogeneous commodity. However, input markets are often …
Persistent link: https://www.econbiz.de/10011458468
We investigate the welfare effect of union activity in a relatively new oligopoly model, the Cournot-Bertrand model …
Persistent link: https://www.econbiz.de/10010345639
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Persistent link: https://www.econbiz.de/10008934880
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