Evolution of Agents Behavior in the Labor Market
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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Articles of "Contributions to Game Theory and Management" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.