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Markets and diversity /

Annotation A staunch neoclassical economist, Sherwin Rosen drew inspiration from Adam Smith's Wealth of Nations, particularly his theory of compensating wage differentials, which Rosen felt was central to all economic problems involving product differentiation and spatial considerations. The ma...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rosen, Sherwin, 1938-2001
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Mass. : Harvard University Press, 2004.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Rosen, Sherwin,  |d 1938-2001.  |1 https://id.oclc.org/worldcat/entity/E39PBJfrKqMGThpvjV43M8DyVC 
245 1 0 |a Markets and diversity /  |c Sherwin Rosen. 
260 |a Cambridge, Mass. :  |b Harvard University Press,  |c 2004. 
300 |a 1 online resource (359 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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504 |a Includes bibliographical references and indexes. 
505 0 |a Introduction : markets and diversity -- Hedonic prices and implicit markets : product differentiation in pure competition -- Discrimination in the market for public school teachers -- The value of saving a life : evidence from the labor market -- Learning and experience in the labor market -- Substitution and division of labour -- Education and self-selection -- Specialization and human capital -- The economics of superstars -- Authority, control, and the distribution of earnings -- Prizes and incentives in elimination tournaments -- Rank-order tournaments as optimum labor contracts -- Contracts and the market for executives. 
588 0 |a Print version record. 
520 8 |a Annotation A staunch neoclassical economist, Sherwin Rosen drew inspiration from Adam Smith's Wealth of Nations, particularly his theory of compensating wage differentials, which Rosen felt was central to all economic problems involving product differentiation and spatial considerations. The main theme of his collection is how markets handle diversity, including the determination of value in the presence of diversity, the allocation of idiosyncratic buyers to specialized sellers, and the effects of heterogeneity and sorting on inequality. Rosen felt that good economics required combining simple but powerful concepts such as optimizing and equilibrium with careful empirical analysis. It was important for the relatively simple rules of behavior implied by rationality to have useful, empirically descriptive content and predictive power. If they did, it was often possible to infer underlying structure (tastes and technology, for example) from actual behavior. Using this approach, Rosen was able to develop powerful insights into such phenomena as the enormous salaries paid to sports and entertainment stars and top business executives. He also explored with fruitful results the premium paid to workers in risky jobs, learning and experience in the labor market, and other labor market phenomena. 
546 |a English. 
590 |a JSTOR  |b Books at JSTOR Demand Driven Acquisitions (DDA) 
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650 0 |a Labor market. 
650 0 |a Diversity in the workplace. 
650 0 |a Employment (Economic theory) 
650 6 |a Marché du travail. 
650 6 |a Multiculturalisme en milieu de travail. 
650 6 |a Emploi. 
650 7 |a employing.  |2 aat 
650 7 |a BUSINESS & ECONOMICS  |x Labor.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Economics  |x Theory.  |2 bisacsh 
650 7 |a Diversity in the workplace  |2 fast 
650 7 |a Labor market  |2 fast 
650 1 7 |a Arbeidsmarkt.  |2 gtt 
650 1 7 |a Personeel.  |2 gtt 
650 1 7 |a Diversiteit.  |2 gtt 
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