{"product_id":"trade-unions-and-oligopolies-in-thomas-grandner-9783631377154","title":"Trade Unions and Oligopolies in Vertically Structured Industries","description":"The analysis combines models of industrial organization (IO) with micro-economic models of wage bargaining between trade unions and employers. Partial equilibrium models are standard in IO. Typically the labor market is ignored. The advantage of this method is that it is possible to analyze more complex situations, for example strategic behavior. But by including the wage bargaining process new insights into problems of industrial economics can be obtained. In this book for the first time the analysis of trade union wage bargaining is combined with models of vertically connected oligopolies. \u003cbr\u003e The following questions are analyzed: \u003cbr\u003e - How does the institutional setting of the wage bargaining process influence the outcome in the product market? Does the product price depend on the level where the bargaining takes place (at the firm level, at the sector level or at the industry level)?\u003cbr\u003e - Does wage bargaining influence the industrial structure? Does the firms' incentive for vertical integration change with the institutional setting of the wage bargaining? \u003cbr\u003e - Does the institutional setting of the wage bargaining influence the firms' incentive to use franchising contracts?\u003cbr\u003e As a result the specification of the institutional setting of the wage bargaining matters. Therefore the bargaining power of the unions should be an additional factor in the field of IO.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Thomas Grandner\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3631377150\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783631377154\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Peter Lang Gmbh, Internationaler Verlag Der W\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/13\/2001\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 118\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback","brand":"Thomas Grandner","offers":[{"title":"Paperback","offer_id":48588027953407,"sku":"9783631377154","price":64.45,"currency_code":"USD","in_stock":false}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/trade-unions-and-oligopolies-in-thomas-grandner-9783631377154","provider":"WR Book House","version":"1.0","type":"link"}