Product market cooperation, profits and welfare in the presence of labor union

被引:18
|
作者
Mukherjee A. [1 ,2 ]
机构
[1] The Leverhulme Centre for Research in Globalisation and Economic Policy, University of Nottingham, Nottingham
[2] School of Economics, University of Nottingham, University Park
关键词
Consumer surplus; Cooperation; Labor union; Profit; Welfare;
D O I
10.1007/s10842-009-0063-4
中图分类号
学科分类号
摘要
It is believed that cooperation between the final goods producers hurts consumers and reduces social welfare but increases profits. We show that these results may not hold in the presence of a unionized labor market. The effects of product market cooperation on consumers, profits and social welfare may depend on the union's disagreement utility, its bargaining power and the degree of product market cooperation. © Springer Science+Business Media, LLC 2010.
引用
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页码:151 / 160
页数:9
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