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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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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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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
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Industry profit maximizing R and D networks
Zirulia, Lorenzo - In: Economics Bulletin 12 (2006) 1, pp. 1-6
In this paper, we extend the model of R and D network formation by Goyal and Moraga-Gonzàlez (2001) by allowing for imperfect spillovers among linked firms. We show that the complete network maximizes industry profit if spillovers for linked firms are below a threshold level. Furthermore, this...
Persistent link: https://www.econbiz.de/10010629548
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Mixed Oligopoly and Productivity-Improving Mergers
Nakamura, Yasuhiko; Inoue, Tomohiro - In: Economics Bulletin 12 (2007) 20, pp. 1-9
This paper investigates productivity improving merger activities between a public firm and a private firm in mixed oligopoly. We assume that the merged firm has two plants (formerly, firms). We show that both owners of a public firm and a private firm want to merge by coordinating their...
Persistent link: https://www.econbiz.de/10010629750
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Bargaining over Managerial Contracts in Delegation Games: The Sequential Move Case
Nakamura, Yasuhiko; Kamaga, Kohei - In: Economics Bulletin 12 (2008) 7, pp. 1-8
This paper examines the bargaining problem between firms' owners and managers over their managerial delegation contracts in a duopolistic market with differentiated-products. Assuming that delegated managers make every managerial decision in the market, we analyze how the managers'' bargaining...
Persistent link: https://www.econbiz.de/10010630135