In this paper we study the effect of unions on product and process innovation both
theoretically and empirically. We propose a Cournot duopoly model where labor productivity …

This paper contributes to the recently growing literature by examining the effects of different
labour unionisation structures on innovation. Using a Cournot duopoly setup, we investigate …

We investigate how upstream privatization affects downstream R&D investments and social
welfare in a vertically-related industry with an upstream monopolistic firm and two …

This paper studies the effects of managerial delegation in a duopoly game under alternative
unionization structures. Introducing managerial delegation in a framework with centralized …

In this paper, we employ the agent-based macroeconomic Eurace@ Unibi model to study
the economic implications of different degrees of de-centralization in the wage setting. We …

We examine how competition in international markets affects a union's choice of wage
regime, which can be either uniform or discriminatory. Firms are heterogeneous with regard …

It is well known that if the final goods producers adopt new technologies, the input suppliers
with market power can extract more rent from the final goods producers by increasing the …

Under a simple Cournot model with vertical relations, when downstream firms engage in
process R&D, the profits of input suppliers for which upstream competition exists may be …

Assume that there is an outside innovator who owns a cost-reducing innovation and the
market structure of the industry in question is that of successive monopoly. It is found that, an …

This article analyses the link between the wage rate and the incentives to develop and adopt
a labour-augmenting innovation in a vertical market. In a model where an upstream …