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On a problem of stochastic differential games
Authors:P. T. Liu
Affiliation:(1) University of Rhode Island, Kingston, Rhode Island
Abstract:The process of bargaining between management and union during a strike is modelled by a nonlinear stochastic differential game. It is assumed that the two sides bargain in the mood of a cooperative game. A pair of Pareto-optimal strategies is obtained.
Keywords:Stochastic processes  differential games  collective bargaining
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