Schroeder, Elizabeth; Tremblay, Victor J. - In: Economies 2 (2014) 2, pp. 95-108
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...