Naoki Yoshihara
Abstract
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In this paper, we consider production economies with possibly unequal production skills and with the possibility of technological innovations, in which resource allocations are determined via bargaining among individuals. We define the Nash (resp.
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In this paper, we consider production economies with possibly unequal production skills and with the possibility of technological innovations, in which resource allocations are determined via bargaining among individuals. We define the Nash (resp.
Key concepts: Bargaining problem, Solidarity, Production (economics), Economics, Wage bargaining, Microeconomics, Production model, Mathematical economics