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MOHD NAIN HJ. AWANG
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Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Mathematics

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Multiple Steady State Equilibria of Job Composition Anton Abdulbasah Kamil; MOHD NAIN HJ. AWANG
STATISTIKA: Forum Teori dan Aplikasi Statistika Vol 10, No 1 (2010)
Publisher : Program Studi Statistika Unisba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/jstat.v10i1.1004

Abstract

In this paper we construct an example of multiplicity to further illustrate the general equilibriumforces at work. We assume that good and bad jobs produce inputs that are perfect substitutes, onlythat there is a quality difference. This will accentuate the tendency toward multiplicity and enable toexplicitly construct two equilibria.
Co-Authors Anton Abdulbasah Kamil