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Race Meets Bargaining in Product Development
Karagözoglu, Emin; Keskin, Kerim; Saglam, Cagri - 2020
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012179908
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Union–firm bargaining agenda: right-to-manage or efficient bargaining?
Fanti, Luciano - In: Economics Bulletin 35 (2015) 2, pp. 936-948
In this paper we revisit the issue of the scope of bargaining between firms and unions. It is shown that an agreement between parties on the bargaining agenda may endogenously emerge only on the Efficient Bargaining arrangement, provided that union's power is not too high.
Persistent link: https://www.econbiz.de/10011249522
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Irrelevance of productivity difference: A case with labor union
Mukherjee, Arijit - In: Economics Bulletin 10 (2007) 17, pp. 1-8
Common wisdom suggests that firms with higher productivities earn higher profits and the higher productivities of the firms benefit consumers by increasing outputs. We show that productivity difference may not matter for outputs and profits in presence of wage bill maximizing labor unions. Our...
Persistent link: https://www.econbiz.de/10010629596
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Spatial Cournot competition and timing of endogenous wage setting
Wang, Qiang; He, Yuanyuan; Chen, Qi - In: Economics Bulletin 29 (2009) 3, pp. 1772-1782
This paper studies the problem of location-quantity choice in a duopoly in which the wage paid by each firm is set by the corresponding monopoly union. Compared with the outcome obtained in location-price choice game, we find that the wage setting choice for both unions does not change in our...
Persistent link: https://www.econbiz.de/10008562833
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Irrelevance of productivity difference: A case with labor union
Mukherjee, Arijit - In: Economics Bulletin 10 (2007) 17, pp. 1-8
Common wisdom suggests that firms with higher productivities earn higher profits and the higher productivities of the firms benefit consumers by increasing outputs. We show that productivity difference may not matter for outputs and profits in presence of wage bill maximizing labor unions. Our...
Persistent link: https://www.econbiz.de/10005181955
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Improved Menstrual Health and the Workplace: An RCT with Female Bangladeshi Garment Workers
Czura, Kristina; Menzel, Andreas; Miotto, Martina - 2023
Menstruation can limit female labor force participation, especially in low-income countries, where menstrual hygiene practices are constrained by lack of finances and information. In a randomized controlled trial with around 1,900 female workers from four Bangladeshi garment factories, we relax...
Persistent link: https://www.econbiz.de/10014290199
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Outward FDI, performance and group affiliation: evidence from French matched firms
Gazaniol, Alexandre; Peltrault, Frédéric - In: Economics Bulletin 33 (2013) 2, pp. 891-904
in outward FDI and its effects on home performance. Using a sample of French manufacturers, we combine propensity … their home performance ex-post. One explanation for this result might be that foreign-owned firms do not invest abroad in … order to increase their own performance, but the performance of their own group. …
Persistent link: https://www.econbiz.de/10010633883
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Climate change mitigation options and directed technical change: a decentralized equilibrium analysis
Grimaud, André; Lafforgue, Gilles; Magné, Bertrand - 2009
The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon Capture and Storage) efficiency. First, we characterize the set of decentralized equilibria: A particular equilibrium is associated to each vector of public tools which includes...
Persistent link: https://www.econbiz.de/10010266000
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Endogenous mergers and maximal concentration: a note
Dargaud, Emilie - In: Economics Bulletin 32 (2012) 1, pp. 137-146
This article examines the incentive to merge in a Bertrand competition model with generalized substitutability and price competition. The model suggests that acquisition of firms by their rivals can result in maximal concentration of the industry.
Persistent link: https://www.econbiz.de/10009397023
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"Unilateral" technology licensing from an entrant to incumbent monopolist
Sen, Neelanjan - In: Economics Bulletin 34 (2014) 2, pp. 1028-1037
An incumbent monopolist, tries to deter entry and thus never licenses its technology to any potential entrant. This paper, however shows that the monopolist may license in the technology of the entrant that remains out of the market in the pre-licensing stage. Post-licensing, the entrant...
Persistent link: https://www.econbiz.de/10010770407