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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
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
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
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
This paper addresses the question of what options are available to regulate the sector in the near future. In order to answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying on existing literature, we argue that ex ante...
Persistent link: https://www.econbiz.de/10008532729
Persistent link: https://www.econbiz.de/10008572207
this paper is to assess how the variability of team virtuality influences team performance. A multidimensional approach to … evaluate virtuality was elaborated to identify changing performance variables at each level. The performance variables retained … results show that performance measures are differently influenced by virtuality level. Although output quality seems not to be …
Persistent link: https://www.econbiz.de/10008532637
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
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
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