In an industry characterised by the presence of network effects, this paper investigates a duopolistic game in which firms may choose whether to bargain over wages and employment with unions or to face a competitive labour market (i.e., without unions). If unions are sufficiently wage-sensitive, it is shown that the presence of sufficiently large network effects makes unionisation the Pareto efficient sub-game perfect Nash equilibrium outcome for firms.
机构:
Hoseo Univ, Dept Business Adm, 12 Hoseodae Gil, Cheonan Si 31066, Chungcheongnam, South KoreaHoseo Univ, Dept Business Adm, 12 Hoseodae Gil, Cheonan Si 31066, Chungcheongnam, South Korea
Lee, Sunghee
Yoo, Shijin
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Korea Univ, Sch Business, 145 Anam Ro, Seoul 136701, South KoreaHoseo Univ, Dept Business Adm, 12 Hoseodae Gil, Cheonan Si 31066, Chungcheongnam, South Korea
Yoo, Shijin
Kim, Daeki
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Korea Univ, Sch Business, 145 Anam Ro, Seoul 136701, South KoreaHoseo Univ, Dept Business Adm, 12 Hoseodae Gil, Cheonan Si 31066, Chungcheongnam, South Korea
机构:
Adelphi Univ, Willumstad Sch Business, Hagedorn Hall Enterprise 335,1 South Ave, Garden City, NY 11530 USAAdelphi Univ, Willumstad Sch Business, Hagedorn Hall Enterprise 335,1 South Ave, Garden City, NY 11530 USA
Yang, Monica
Ai, Qi
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Univ Northampton, Fac Business & Law, Northampton, EnglandAdelphi Univ, Willumstad Sch Business, Hagedorn Hall Enterprise 335,1 South Ave, Garden City, NY 11530 USA