We study a market model in which competing firms use costly marketing devices to influence the set of alternatives … a function of the marketing devices employed by the firms. We examine the implications of this behavioral model in the … marketing devices and consumers’ conversion rates. …

Existing literature on the strategic interaction between the central bank (CB) and unions assumes that firms face …. This is done in a three stage game, in the first stage of which unions contractually set nominal wages, in the second stage … employment and output even when inflation is fully anticipated by labour unions and even when unions are indifferent to inflation …

A theoretical model of collective wage bargaining is developed in which unions set wages and employers decide …

unemployment: labour unions, supply shocks combined with real wage rigidity, and automation and trade combined with real wage …

This Paper develops a model in which the interaction between product market imperfections, transportation costs, unions …

This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices … that trade unions will ‘hold up’ firms by expropriating sunk R&D (research and development) investments through demanding …

We introduce labour market imperfections (i.e. unions and the existence of a wage floor) in a finance … decreases with union power. We also find that unions increase simultaneously steady-state employment, capital accumulation and …