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 steali...

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Bibliographic Details
Main Authors: de Pinto, Marco, Goerke, Laszlo
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Munich 2019
CESifo
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19308487124911266699-Welfare-enhancing-trade-unions.htm

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