LHARIDON, Olivier; MALHERBET, Franck; PEREZ-DUARTE, … - Centre de Recherche en Économie et Management (CREM) - 2011
In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm’s matching model of unemployment. We first show...