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Union Wage Bargaining and the Incentive to Innovate

Lingens, Jörg (2006) Union Wage Bargaining and the Incentive to Innovate. Working Paper.

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Date of publication of this fulltext: 05 Aug 2009 13:22

Other URL: http://www-cgi.uni-regensburg.de/Fakultaeten/WiWi/jerger/cms/upload/pdf/publikationen/Oligopoly6.pdf


Abstract

We analyse the impact of union wage bargaining on the firm’s incentive to invest into research. In a heterogenous Cournot duopoly, each firm invests resources into a patent race similar to Reinganum (1983) and bargains the wage with a labour union. Union wage bargaining affects the incentive to innovate through its effect on the profit situation of the firm. Besides the hold-up and the strategic ...

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Item type:Monograph (Working Paper)
Date:22 March 2006
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Internationale und Monetäre Ökonomik (Prof. Dr. Jürgen Jerger)
Keywords:Union Wage Bargaining; Arrow effect; Right-to-manage; Efficient Bargaining
Dewey Decimal Classification:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Yes
Item ID:208
Owner only: item control page

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