haku: @author Santoni, M. / yhteensä: 3
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Tekijä:Santoni, M.
Otsikko:Union-oligopoly sequential bargaining: trade and industrial policies
Lehti:Oxford Economic Papers
1996 : OCT, VOL. 48:4, p. 640-663
Asiasana:ECONOMICS
TRADE
INDUSTRIAL POLICY
Kieli:eng
Tiivistelmä:This paper considers the efficacy and the desirability of home government tariff and subsidy policies when labour market structure and asymmetries in the firm's size matter. In a Cournot-Nash duopolistic sector, a unionized home-firm competes against a non-unionized foreign firm. The hom firm-union choose wages and employment in a two-stage Nash bargaining game. The second stage corresponds to the Cournot-Nash game with the foreign firm. Firms may play in strategic substitutes or complements. As the home bargainers recognize that market shares are determined by relative marginal costs, they may use the wage stage strategically.
SCIMA tietueen numero: 153225
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