Accession Number : AD0715644
Title : A Bargaining Model for Industrial Wage Disputes.
Descriptive Note : Research memo.,
Corporate Author : PRINCETON UNIV N J ECONOMETRIC RESEARCH PROGRAM
Personal Author(s) : Case,James H.
Report Date : JUN 1970
Pagination or Media Count : 29
Abstract : A (differential) game-theoretic model for industrial wage disputes is presented and discussed in some detail. Three equilibrium solutions are obtained by elementary means, and two are discarded because they are not enforceable. It is held that the remaining equilibrium point should be regarded as the 'solution' of the game. (Author)
Descriptors : (*INDUSTRIAL RELATIONS, SALARIES), (*BARGAINING, GAME THEORY), INDUSTRIAL RELATIONS, FRICTION, MATHEMATICAL MODELS, BEHAVIOR, ANALYSIS, EQUILIBRIUM(PHYSIOLOGY)
Subject Categories : Economics and Cost Analysis
Personnel Management and Labor Relations
Distribution Statement : APPROVED FOR PUBLIC RELEASE