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We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one-dimensional problems such that the two solutions together replicate...
Persistent link: https://www.econbiz.de/10012828121
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one-dimensional problems such that the two solutions together replicate...
Persistent link: https://www.econbiz.de/10012244506
Persistent link: https://www.econbiz.de/10012508160
Persistent link: https://www.econbiz.de/10014304002