Nash equilibria in a differential game of economic growth

The present work studies a dynamic game of economic growth with two phases or periods. In the first phase, a political process exists where an institu tional framework is fixed, that is, limits to the workers share in the nati onal income, minimum limits of consumption by capitalists, and discretional ity in investment are specified. This framework conditions the actions of t he players (capitalists and workers). In the second phase, the Nash equilib ria of the game are calculated. Lastly, the sensitivity of the results with respect to the institutional parameters is analyzed for a given scenario.