This book develops new economic theories of the interplay of
distribution and accumulation processes in economies with
organised agents. It is shown that unionised economies are
threatened with dynamic inefficiencies, but they can be
alleviated with the help of cleverly designed wage
bargaining systems. The book adopts a unified methodological
approach in which game-theoretic arguments are combined with
dynamic programming techniques. All models are illustrated
with figures and numerical analyses. The book will be of
interest to economists and social scientists interested in
labour markets, wage bargaining and social corporatism, and
theories of growth and investment.
Juhana Vartiainen
Capital Accumulation Dynamische Optimierung Kapitalzuwachs Spieltheorie dynamic optimization game theory growth labor market