Oligopsonistic Cats and Dogs

Gerda Dewit and Dermot Leahy

Economics Department Working Paper Series from Department of Economics, National University of Ireland - Maynooth

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".

Keywords: Oligopsony; Strategic behaviour; Productivity-augmenting investment (search for similar items in EconPapers)
JEL-codes: J42 L13 (search for similar items in EconPapers)
Date: 2005-09
New Economics Papers: this item is included in nep-ind and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Oligopsonistic Cats and Dogs (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:may:mayecw:n1590905

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