Round-about production, co-ordination failure, technological change, and the wage-employment dilemma
Article Abstract:
Research describing the effects of technological change on employment and wages is presented. In particular an analytical framework is developed that challenges the accepted view of the outcome of technological shock in the workplace.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
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Equilibrium selection in a nonlinear duopoly game with adaptive expectations
Article Abstract:
Research describing a simple Cournot duopoly market is presented. In particular a game where equilibrium selection arises and the outcome is influenced by player's initial beliefs is analyzed.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
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