Abstract
This comment shows that it is never optimal for a labor-managed monopoly (LM) to establish more than one plant. Therefore, the status quo situation in the Delbono and Rossini model would be an LM duopoly. We also compare the social desirability of each of the two types of mixed duopolies and each of the two types of horizontal mergers with respect to the suggested status quo.
| Original language | English |
|---|---|
| Pages (from-to) | 198-201 |
| Number of pages | 4 |
| Journal | Journal of Comparative Economics |
| Volume | 18 |
| Issue number | 2 |
| DOIs | |
| State | Published - Apr 1994 |