Do multiplant labor-managed monopolies exist?

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    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 languageEnglish
    Pages (from-to)198-201
    Number of pages4
    JournalJournal of Comparative Economics
    Issue number2
    StatePublished - Apr 1994


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