Autore: Buccella, Domenico
Titolo: Unionized duopoly, market competition with differentiated products, and welfare
Periodico: Economia e politica industriale
Anno: 2015 - Volume: 42 - Fascicolo: 4 - Pagina iniziale: 455 - Pagina finale: 473

Conventional wisdom associates high social welfare levels with more competitive product markets. Adopting a conjectural variation model in a unionized duopoly with differentiated products and right-to-manage bargaining, the present work finds that the impact of market competition on social welfare crucially depends on the degree of differentiation and the union's disagreement utility.


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SICI: 0391-2078(2015)42:4<455:UDMCWD>2.0.ZU;2-A

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