Strategic profit‐sharing in a unionized differentiated goods oligopoly
Why this work is in the frame
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Bibliographic record
Abstract
Abstract We study the incentives of firms and unions to bargain over a profit‐sharing scheme in a unionized differentiated goods Cournot oligopoly. Under both firm‐specific unions and a sector‐wide union, universal profit‐sharing arises in equilibrium as long as the bargaining power of the union(s) is not too high. Universal profit‐sharing is more prevalent under coordinated than under decentralized bargaining. Under decentralized bargaining, a hybrid regime may arise in equilibrium in which ex ante symmetric firms use different remuneration schemes and become ex post asymmetric in the market. Our welfare analysis suggests that policy‐makers should institutionalize decentralized bargaining and encourage profit‐sharing schemes.
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Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.001 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.001 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.003 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it