| Article ID: | iaor19993078 |
| Country: | Netherlands |
| Volume: | 84 |
| Issue: | 1 |
| Start Page Number: | 209 |
| End Page Number: | 230 |
| Publication Date: | Dec 1998 |
| Journal: | Annals of Operations Research |
| Authors: | Gonzlez-Alcn Carlos, Sicilia Joaqun, lvarez Jos A. |
A differential game with workers and capitalists as players is considered. The players distribute the output of an economy and make decisions about their consumption and investment. They wish to reach at least a proposed final capital. The paper studies the non-dominated payoffs and the associated strategies in the case of the players cooperating and synchronizing their actions. The Pareto solutions are compared with the Nash equilibria.