Do multiplant labor-managed monopolies exist?

Nava Kahana

Research output: Contribution to journalReview articlepeer-review

1 Scopus citations

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 languageEnglish
Pages (from-to)198-201
Number of pages4
JournalJournal of Comparative Economics
Volume18
Issue number2
DOIs
StatePublished - Apr 1994

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