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A Two-Period Unionized Mixed Oligopoly Model: Public-Private Wage Differentials and “Eurosclerosis†Reconsidered

Author

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  • Minas Vlassis

    (Department of Economics, University of Crete, Greece)

  • Polyxeni Gioti

Abstract

In the present paper we develop a two-period unionized mixed duopoly model, furnished with second period- demand shocks, where decentralized firm-specific wage bargains are struck in each period before product market competition is in place.

Suggested Citation

  • Minas Vlassis & Polyxeni Gioti, 2018. "A Two-Period Unionized Mixed Oligopoly Model: Public-Private Wage Differentials and “Eurosclerosis†Reconsidered," Working Papers 1802, University of Crete, Department of Economics.
    • Handle: RePEc:crt:wpaper:1802
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    References listed on IDEAS

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    More about this item

    Keywords

    Unions; Oligopoly; firing restrictions; Eurosclerosis;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General

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