Profit-Sharing, Bertrand Competition and Monopoly Unions: A Note

Profit-Sharing, Bertrand Competition and Monopoly Unions: A Note
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The Department of Economics at the University of Warwick presents the full text of the research paper entitled |Profit-Sharing, Bertrand Competition and Monopoly Unions: A Note,| by Amrita Dhillon and Emmanuel Petrakis that was published October 27, 2001. The paper is in PDF format. The authors discuss how profit sharing can lead to higher profits even when productivity effects are not present. With antitrust legislation, oligopolistic industry can exploit profit sharing and monopoly unions for collusion.

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