González-Maestre, Miguel; Calabuig, Vicente - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2000
In this paper we consider the effect of union structure on the adoption of innovation in the context of Cournot duopoly. With a market size large enough we show that the incentive to innovate is higher under a decentralized union structure (with each firm facing its own independent union) than...