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Oligopsonistic Cats and Dogs

Dewit, Dr. Gerda and Leahy, Dr. Dermot (2005) Oligopsonistic Cats and Dogs. .

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Abstract

We study the strategic investment behaviour of oligopsonistic rivals in the labour market. Under wage competition, firms play "puppy dog" with productivityaugmenting investment and "fat cat" with supply-enhancing investment. Under employment competition, investing strategically always involves playing "top dog".

Additional Information:Working paper series N159/09/05
Keywords:Oligopsony, Strategic behaviour, Productivity-augmenting investment, Supply-enhancing investment.
Subjects:Social Sciences > Economics
ID Code:253
Deposited By:Ms Sandra Doherty
Deposited On:15 Sep 2005
Refereed:No
URL:http://www.may.ie/academic/economics/, http://ideas.repec.org/s/may/mayecw.html

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