Results 91 to 100 of about 235,291 (244)
On the Asymptotic Uniqueness of Bargaining Equilibria [PDF]
This note reexamines the connection between the asymmetric Nash bargaining solution and the equilibria of strategic bargaining games. Several papers in the literature obtain the asymmetric Nash bargaining solution as the unique limit of subgame perfect ...
Herings P. Jean-Jacques +1 more
core +2 more sources
WPO, COV and IIA bargaining solutions [PDF]
The class of bargaining solutions that are defined on the domain of finite sets of alternatives and satisfy Weak Pareto Optimality (WPO), Independence of Irrelevant Alternatives (IIA) and Covariance (COV), is characterized.
Vermeulen, Dries, Peters, Hans
core
Employee Fraud and the Statute of Limitations in a Search and Matching Model
ABSTRACT This paper integrates employee fraud into a Mortensen‐Pissarides search and matching model to analyze labor market dynamics under imperfect legal enforcement. We introduce a time‐dependent punishment structure where the offender's effective liability is governed by the statute of limitations. We characterize both short‐ and long‐run equilibria,
Mauricio Benegas, José Freire Júnior
wiley +1 more source
To improve the regulatory capacity of distributed resources within the park and enhance the flexibility of market transactions, this paper introduces a distributed dispatch and profit allocation method grounded in cooperative game theory and the ...
Hanwen Wang +3 more
doaj +1 more source
The Nash Bargaining Solution vs. Equilibrium in a Reinsurance Syndicate [PDF]
We compare the Nash bargaining solution in a reinsurance syndicate to the competitive equilibrium allocation, focusing on uncertainty and risk aversion.
Aase, Knut K.
core
Migrant Smuggling to Europe: A Two‐Sector Model With Directed Search
ABSTRACT In the last decade, combating migrant smuggling has emerged as a top priority for the European Union (EU). An idiosyncratic feature of this market is its dual supply‐side organization, comprising a small number of criminal cartels and a large mass of self‐employed smugglers.
Claire Naiditch, Radu Vranceanu
wiley +1 more source
Multilateral Non-Cooperative Bargaining in a General Utility Space [PDF]
We consider an n-player bargaining problem where the utility possibility set is compact, convex, and stricly comprehensive. We show that a stationary subgame perfect Nash equilibrium exists, and that, if the Pareto surface is differentiable, all such ...
Hannu Vartiainen, Klaus Kultti
core
Abstract We analyse the general equilibrium implications of introducing a universal basic income (UBI) for employment and income in an economy characterized by involuntary unemployment. Our framework allows tax revenues and workers' reservation wages to adjust endogenously with employment to satisfy the government's budget constraint.
Marta Aloi, Teresa Lloyd‐Braga
wiley +1 more source
Resolving water security conflicts in agriculture by a cooperative Nash bargaining approach
Water scarcity is increasingly driven by socio-economic dynamics, climate change, and population growth. Conflicts among water users, including states, complicate sustainable water management, necessitating collaborative solutions.
Shahmir Janjua +3 more
doaj +1 more source
Legitimacy and Employment Relations Research: A Review and Research Agenda
ABSTRACT This article provides a comprehensive review of existing research and develops an agenda for analyzing legitimacy in employment relations. It argues that legitimacy should be understood as a dynamic and contested process through which actors, institutions and policy ideas are legitimated, delegitimated and reworked.
Andy Hodder +4 more
wiley +1 more source

