Izvorni znanstveni članak
Inventories in a Labour-Managed Economy
Kazuhiro Ohnishi
; Institute for Basic Economic Science, Osaka,Japan
Sažetak
This paper considers a two-period model in which two labour-managed firms can use inventory investment as a strategic device. In the first period, each firm simultaneously and independently chooses how much it sells in the current market and the level of inventory it holds for the second-period market. The paper shows the reaction curves in the model with inventories. The paper finds that inventories may be used by labour-managed firms to facilitate tacit collusion.
Ključne riječi
labour-managed firm; inventory investment; two-period model
Hrčak ID:
78714
URI
Datum izdavanja:
1.5.2010.
Posjeta: 1.114 *