Results 91 to 100 of about 50,466 (234)
Quantitative Effects of Employment Protection in OECD Labor Markets
The Manchester School, EarlyView.ABSTRACT This paper explores the quantitative role played by Employment Protection Legislation over employment and on‐the‐job training in the presence of dual labor markets across OECD economies. We extend the search and matching model by introducing formal education and investment decisions in training by firms, and a gap in firing costs between fixed‐
Joaquín Naval, José I. Silva
wiley +1 more source
Journal of Mechanism and Institution Design, 2016 In this paper we provide an exact non-cooperative foundation of the Nash solution via a unique (weakly) subgame perfect equilibrium payoff vector in a two-person bargaining game, which is a modification of the well-known alternate offer game by ...
Papatya Duman, Walter Trockel
doaj +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
Biased News Media and the Swing Voter's Decision in Repeated Games
The Manchester School, EarlyView.ABSTRACT We consider a monopolistic, biased news media platform that attempts to influence the decision of swing voters with cheap talk when voting is costly and abstaining is an option. First, we demonstrate that, while no fully communicative equilibrium exists in a stage game, a partially truth‐revealing mixed‐strategy equilibrium exists.
Jooyong Jun, Jeong‐Yoo Kim
wiley +1 more source
EnergiesTo address the challenges of renewable energy curtailment under normal conditions and severe power outages under extreme scenarios, this paper proposes a hydrogen-integrated comprehensive energy system (H-IES) configuration method aimed at enhancing the ...
Song Zhang +5 more
doaj +1 more source
Fairness, Efficiency, and the Nash Bargaining Solution [PDF]
A bargaining solution balances fairness and efficiency if each player's payoff lies between the minimum and maximum of the payoffs assigned to him by the egalitarian and utilitarian solutions.
Rachmilevitch, Shiran
core
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
The time-preference Nash solution [PDF]
We give an axiomatic characterization of the Time-Preference Nash Solution, a bargaining solution that is applied when the underlying preferences are defined over streams of physical outcomes.
Eyal Winter, Nir Dagan, Oscar Volij
core +3 more sources
A Characterization of the Nash Bargaining Solution [PDF]
We characterize the Nash bargaining solution replacing the axiom of Independence of Irrelevant Alternatives with three independent axioms: Independence of Non-Individually Rational Alternatives, Twisting and Disagreement Point Convexity.
Eyal Winter, Nir Dagan, Oscar Volij
core
Strategic Delay and Bargaining Over Public Insurance Coverage for Drugs in Australia
Health Economics, Volume 35, Issue 6, Page 1005-1018, June 2026.ABSTRACT Public funding for pharmaceuticals often follows repeated negotiation between manufacturers and a public agency, yet little empirical work examines how the timing of agreement reflects the economic structure of these interactions. Using a duration model of negotiations in Australia from 2005 to 2018, we assess whether observed patterns of ...
Jing Jing Li, Anthony Harris
wiley +1 more source