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Welfare-enhancing trade unions in an oligopoly with excessive entry
De Pinto, Marco; Goerke, Laszlo - 2019
firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per …
Persistent link: https://www.econbiz.de/10012024580
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Unionized Oligopolies - A Survey
Goeddeke, Anna - 2010
Unionized Oligoplies are market structures with incomplete upstream labour markets interacting with incomplete downstream product markets. In this survey I give and overview of the recent development any main findings of this strand of literature
Persistent link: https://www.econbiz.de/10013142829
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Welfare-enhancing trade unions in an oligopoly with excessive entry
De Pinto, Marco; Goerke, Laszlo - 2016
), there will be excessive entry into a Cournot oligopoly for a homogeneous commodity. However, input markets are often …
Persistent link: https://www.econbiz.de/10011458468
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Welfare-Enhancing Trade Unions in an Oligopoly with Excessive Entry
De Pinto, Marco - 2019
firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per …
Persistent link: https://www.econbiz.de/10012866378
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A Model of Vertical Oligopolistic Competition
Reisinger, Markus; Schnitzer, Monika - 2008
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10014218980
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A model of vertical oligopolistic competition
Reisinger, Markus; Schnitzer, Monika - 2008
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10003951516
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A model of vertical oligopolistic competition
Reisinger, Markus; Schnitzer, Monika - 2008
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10010365845
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Preferential trade liberalization with endogenous cartel discipline : implications for welfare and optimal trade policies
Agnosteva, Delina; Syropoulos, Constantinos; Yotov, Yoto - 2020
We consider an international cartel whose members interact repeatedly in their own as well as in third-country segmented markets. Cartel discipline-an inverse measure of the degree of competition between firms-is endogenously determined by the cartel’s incentive compatibility constraint (ICC),...
Persistent link: https://www.econbiz.de/10012287796
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Penalizing cartels : the case for basing penalties on price overcharge
Katsulakos, Giannēs S.; Motchenkova, Evgenia; Ulph, David - 2014
In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a systematic comparison of a penalty based on the cartel overcharge with...
Persistent link: https://www.econbiz.de/10010408455
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Welfare improving cartel formation in a union-oligopoly static framework
Vlassis, Minas; Varvataki, Maria - In: Annals of economics and statistics 136 (2019), pp. 79-102
Persistent link: https://www.econbiz.de/10012306102