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Wage bargaining as an optimal control problem: a dynamic version of the efficient bargaining model |
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| Authors: | Guerrazzi Marco |
| Affiliation: | 1.Department of Economics – DIEC, University of Genoa, via F. Vivaldi, n. 5, 16126, Genoa, Italy ; |
| Abstract: | Decisions in Economics and Finance - In this paper, I develop a dynamic version of the efficient bargaining model grounded on optimal control in which a firm and a union bargain over the wage in a... |
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