Models of Two-Sided Monopolistic Competition on the Labor Market
Dynamic macromodels of an economic system with two-sided monopoly competition on the labor market are considered. Conditions for post-classical economic cycles to appear in such models and for the convergence of wage formation processes to Nash equilibrium are analyzed. The influence of technologica...
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Veröffentlicht in: | Cybernetics and systems analysis 2005-03, Vol.41 (2), p.175-182 |
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Hauptverfasser: | , , |
Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | Dynamic macromodels of an economic system with two-sided monopoly competition on the labor market are considered. Conditions for post-classical economic cycles to appear in such models and for the convergence of wage formation processes to Nash equilibrium are analyzed. The influence of technological innovations on the processes under study is analyzed. [PUBLICATION ABSTRACT] |
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ISSN: | 1060-0396 1573-8337 |
DOI: | 10.1007/s10559-005-0051-6 |