Ozkardas, Ahmet; Rusinowska, Agnieszka - Groupe d'Analyse et de Théorie Économique Lyon … - 2009
In this paper, we present a non-cooperative wage bargaining model in which preferences of both parties, a union and a firm, are expressed by the sequences of discount rates varying in time. For such a wage bargaining with non-stationary preferences, we determine subgame perfect equilibria...