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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.

Author: Amendola, M., Froeschle, C., Gaffard, J.-L., Lega, E.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
Economic aspects, Technological innovations, Wages, Wages and salaries

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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.

Author: Kopel, Michael, Bischi, Gian Italo
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
Research, Equilibrium (Economics)

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Subjects list: Models, Economics, Economic research
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