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A behavioral economic analysis of excess entry in arts labor markets

โœ Scribed by Joshua Frank; Saeyoon Sohn


Book ID
116887008
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
210 KB
Volume
40
Category
Article
ISSN
1053-5357

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Behavior of the firm in a market for het
โœ Susan B. Vroman ๐Ÿ“‚ Article ๐Ÿ“… 1987 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 778 KB

This paper develops a dynamic model of the firm in a labor market where workers and jobs are heterogeneous with respect to skill. The firm's recruitment policy, in a heterogeneous market, consists of both a wage offer and a skill requirement. The explicit derivation of this policy serves to clarify