Welfare‐enhancing Trade Unions in an Oligopoly with Excessive Entry.

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 firm declines with the number of firms (business stealing), t...

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Detalles Bibliográficos
Publicado en:Manchester School (1463-6786) Vol. 88; no. 1; pp. 60 - 91
Autores principales: de Pinto, Marco, Goerke, Laszlo
Formato: Artículo
Publicado: Wiley-Blackwell Jan2020
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Acceso en línea:Ver este registro en EBSCOhost