Involuntary Unemployment as a Perfect Equilibrium in a Bargaining Model
- 1 November 1984
- journal article
- Published by JSTOR in Econometrica
- Vol. 52 (6) , 1351
- https://doi.org/10.2307/1913509
Abstract
This paper presents an analysis of a 2-person noncooperative bargaining game in which one party is free, subject to certain frictions, to switch between rival p...Keywords
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