haku: @author Long, N. / yhteensä: 3
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| Tekijä: | Long, N. Soubeyran, A. |
| Otsikko: | Oligopolistic trade and competition in wages legislations |
| Lehti: | Japanese Economic Review
1998 : JUN, VOL. 49:2, p. 158-170 |
| Asiasana: | OLIGOPOLY TRADE COMPETITION |
| Kieli: | eng |
| Tiivistelmä: | Wages legislation, or selective enforcement of such legislation, may be used to enhance the competitiveness of domestic firms. The authors show that, if domestic and foreign firms produce close substitutes and are Bertrand rivals, then wages legislation and enforcement display the characteristics of a Prisoner's Dilemma game. Other scenarios are also investigated. The paper is an attempt to incorporate non-competitive labour markets into the analysis of oligopolistic trade. |
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