Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 1 (15) Number 4 pp. 14-24

Domenico Buccella

Kozminski University, Department of Economics, Warszawa, Poland

Product market cooperation under efficient bargaining with different disagreement points: a result

Abstract:
This paper analyzes the effects of product market cooperation in a duopoly with homogeneous goods. Labor unions and firms are locked in bilateral monopoly relations and bargaining within the industry takes place under the efficient bargaining (EB) model. The paper discusses the role of different firms’ disagreement payoff on bargaining outcomes and their effect on social welfare components. It shows that the disagreement point of firms can play a crucial role in solving potential conflicts of interest between unions and firms concerning bargaining issues.
pub/2015_4_14.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume15/issue4/2015_4_14.pdf
Keywords: efficient bargaining, cooperation, unionized oligopoly, social welfare.

DOI: 10.18559/ebr.2015.4.2

For citation:

MLA Buccella, Domenico. "Product market cooperation under efficient bargaining with different disagreement points: a result." Economics and Business Review EBR 15.4 (2015): 14-24. DOI: 10.18559/ebr.2015.4.2
APA D., B. (2015). Product market cooperation under efficient bargaining with different disagreement points: a result. Economics and Business Review EBR 15(4), 14-24 DOI: 10.18559/ebr.2015.4.2
ISO 690 BUCCELLA, Domenico. Product market cooperation under efficient bargaining with different disagreement points: a result. Economics and Business Review EBR, 2015, 15.4: 14-24. DOI: 10.18559/ebr.2015.4.2