Ohnishi, Kazuhiro - In: Finnish Economic Papers 22 (2009) 2, pp. 63-74
This paper examines two three-stage games with a labor-managed income-perworker- maximizing firm and a profit-maximizing firm. In the first stage, the labormanaged firm (resp. the profit-maximizing firm) decides whether to make a commitment to capacity. In the second stage, the other firm...