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- W59659478 abstract "The 1967 Goodwin model is a prey-predator type model representing the competition among capitalists and workers for the employment rate and for the workers’ income share. Recently it is been studied in a noncooperative dynamic game setting by Balbucci, Candela and Ricci [1]. They found that it is not possible to eliminate the Cycle but it is possible to locate the Golden Age point in a position where the employment rate value is determined by workers while the profit level by capitalists. Unfortunatelly the game is of infinite duration. Aim of this paper is to investigate the possibility for each player to force both components of the critic point. It is natural to formulate the game as a bargaining game and to look for the Kalai, Smorodinski solution." @default.
- W59659478 created "2016-06-24" @default.
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- W59659478 date "1991-01-01" @default.
- W59659478 modified "2023-09-23" @default.
- W59659478 title "Bargaining on the Goodwin Model" @default.
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- W59659478 doi "https://doi.org/10.1007/978-3-642-45686-2_4" @default.
- W59659478 hasPublicationYear "1991" @default.
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