Evolution of Agents Behavior in the Labor Market

Authors

  • Maria A. Nastych Saint Petersburg State University
  • Nikolai D. Balashov Saint Petersburg State University

Abstract

The paper studies imbalance of labor supply and labor demand relative to qualifications. Every person faces a problem of choosing a right path for his future career. On the other hand, employers have a dilemma either to hire insufficient qualified personnel in a particular field and train until he or she reaches required level of qualification, or seek an opportunity to hire skilled personnel. We model these choices trough the evolutionary game theory approach.

Keywords:

labor market, qualification, evolution

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References

Maynard Smith, J. (1982). Evolution and the Theory of Games. Cambridge University Press

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Published

2022-08-09

How to Cite

A. Nastych, M., & D. Balashov, . N. (2022). Evolution of Agents Behavior in the Labor Market. Contributions to Game Theory and Management, 7. Retrieved from https://gametheory.spbu.ru/article/view/13606

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Articles