New answers tagged labor-economics
Strikes: why so often?
Your lose-lose argument only holds in the short-term and the issue is a longer term (dynamic) problem over time. For both the employees and employers, it can be beneficial to accept a short-term loss, ...
Universal Basic Income (UBI) policy proposals optimal hours worked and consumption
That's correct, but it would be easier and faster to use (i) $v=u^3=CL^2$ instead of $u$ as your utility function (which is allowed since $v$ is a positive transformation of $u$), and (ii) the rule ...
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