On a problem of stochastic differential games |
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Authors: | P. T. Liu |
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Affiliation: | (1) University of Rhode Island, Kingston, Rhode Island |
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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. |
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Keywords: | Stochastic processes differential games collective bargaining |
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