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Endogenous codetermination

Published in Managerial and Decision Economics • Jun 15, 2021
Authors:
Luca Gori
,
Luciano Fanti

Abstract

This research introduces endogenous codetermination in a Cournot duopoly. Unlike the received literature (Kraft, 1998), this work assumes that firms bargain with their own union bargaining units under codetermination if and only if they can choose an ad hoc bargaining effort by maximising profits (t...

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