In Labor Economics, there is a concept known as a “cobweb” model of a labor market. In this model, the supply of labor in a market responds to currently high (or low) wages in that market, shifting ...
Christopher M. Rump, Shaler Stidham, Jr. We consider the stability of the equilibrium arrival rate and equilibrium admission price at a service facility, using a generalization of an input-pricing ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback