A way of explaining unemployment through a wage-setting game

被引:0
作者
Tasnádi, A [1 ]
机构
[1] Budapest Univ Econ Sci & Publ Adm, Dept Math, H-1093 Budapest, Hungary
关键词
unemployment; Bertrand-Edgeworth; wage-setting games;
D O I
10.1016/j.labeco.2003.10.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
We investigate a duopsonistic wage-setting game in which the firms have a limited number of workplaces. We assume that the firms have heterogeneous productivity, that there are two types of workers with different reservation wages and that a worker's productivity is independent of his type. We show that equilibrium unemployment arises in the wage-setting game under certain conditions, although the efficient allocation of workers would result in full employment. (c) 2003 Elsevier B.V. All rights reserved.
引用
收藏
页码:191 / 203
页数:13
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