Oligopsonistic Cats and Dogs
AbstractWe study the strategic investment behaviour of oligopsonistic rivals in the labour market. Under wage competition, firms play "puppy dog" with productivityaugmenting investment and "fat cat" with supply-enhancing investment. Under employment competition, investing strategically always involves playing "top dog".
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Bibliographic InfoArticle provided by Springer in its journal Review of Industrial Organization.
Volume (Year): 35 (2009)
Issue (Month): 3 (November)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100336
Labour productivity augmenting investment; Labour supply augmenting investment; Oligopsony; Strategic behaviour;
Other versions of this item:
- Gerda Dewit & Dermot Leahy, 2005. "Oligopsonistic Cats and Dogs," Economics, Finance and Accounting Department Working Paper Series n1590905, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets
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