Product market competition with differentiated goods and social welfare in the presence of an industry-wide union
Mainstream locus communis indicates that a more competitive product market leads to higher social welfare levels. Using a Conjectural Variation (CV) model, this research note analyzes the effects on welfare of different degrees of product market competition in a duopoly with differentiated goods. Ba...
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| Format: | article |
| Language: | eng |
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2018
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| Online Access: | http://hdl.handle.net/10400.5/15717 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/15717 |