期刊名称:Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN:0804-6824
出版年度:2000
出版社:Bergen
摘要:We examine how a merger a.ects wages of unionized labourand, in turn, the profitability of a merger under both Cournotand Bertrand competition. If unions are plant-specific, we findthat a merger is more profitable than in a corresponding modelwith exogenous wages. In contrast to the received literature, wefind that it can be more profitabletotakepartinamergerthanbeing an outsider. For firm-specific unions, on the other hand,results are reversed