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We investigate the welfare effect of union activity in a relatively new oligopoly model, the Cournot-Bertrand model, where one firm competes in output (<i>a la</i> Cournot) and the other firm competes in price (<i>a la</i> Bertrand). The Nash equilibrium prices, outputs, and profits are quite diverse in this...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011030383