Showing 1 - 10 of 40
We study a market model in which competing firms use costly marketing devices to influence the set of alternatives … a function of the marketing devices employed by the firms. We examine the implications of this behavioral model in the … marketing devices and consumers’ conversion rates. …
Persistent link: https://www.econbiz.de/10008528545
When a firm decides which products to offer or put on display, it takes into account the products' ability to attract attention to the brand name as a whole. Thus, the value of a product to the firm emanates from the consumer demand it directly meets, as well as the indirect demand it generates...
Persistent link: https://www.econbiz.de/10008468565
This Paper develops a model in which the interaction between product market imperfections, transportation costs, unions …
Persistent link: https://www.econbiz.de/10005504420
This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices … that trade unions will ‘hold up’ firms by expropriating sunk R&D (research and development) investments through demanding …
Persistent link: https://www.econbiz.de/10005504563
We introduce labour market imperfections (i.e. unions and the existence of a wage floor) in a finance … decreases with union power. We also find that unions increase simultaneously steady-state employment, capital accumulation and …
Persistent link: https://www.econbiz.de/10005504720
We argue that the 1970s were characterized by attempts to maintain a cooperative, low unemployment equilibrium in the face of considerable union power, through use of incomes policies and neo-corporatist machinery. The 1980s saw a shift away from this, towards direct measures to limit union...
Persistent link: https://www.econbiz.de/10005504742
A theoretical model of collective wage bargaining is developed in which unions set wages and employers decide …
Persistent link: https://www.econbiz.de/10005497944
In this paper we construct a simple model of the effects of immigration on the labour market outcomes of natives. In this model, skilled and unskilled labour are substitutes, immigrants are complementary to the former, and wages are determined by bargaining. We are able to prove that,...
Persistent link: https://www.econbiz.de/10005497951
unemployment: labour unions, supply shocks combined with real wage rigidity, and automation and trade combined with real wage …
Persistent link: https://www.econbiz.de/10005497987
This paper presents a simple search and bargaining economy in which firms use concave production. Because a firm and worker negotiate over the worker's marginal productivity, the firm's wage is a function of its labour force. Reacting to this wage function, firms choose an excessively large and...
Persistent link: https://www.econbiz.de/10005656122