Affiliation:
1. University of Mumbai, Mumbai 400098, India
Abstract
The relation between Capital and Labor is well known to comprise of cooperation and noncooperation. Greater profits mean a lower wage bill. At the same time, increasing output brings expanding employment. We confine ourselves to class conflict or cooperation between Capital and Labor in the context of climate change. Our ‘socio-technical’ setup incorporates green technical change. We provide a macro-growth dynamic game with outcomes on output, employment, accumulation, and the use of a ‘solar technology’ between the classes.
Publisher
World Scientific Pub Co Pte Ltd
Subject
Statistics, Probability and Uncertainty,Business and International Management,General Computer Science