𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Affirmative action in winner-take-all markets

✍ Scribed by Roland G. Fryer; Glenn C. Loury

Book ID
106410039
Publisher
Springer US
Year
2005
Tongue
English
Weight
478 KB
Volume
3
Category
Article
ISSN
1569-1721

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## Abstract In labor markets where few companies compete for many workers, economic theory predicts monopsony rents. Surprisingly, soccer clubs do not profit from the expected rents. The purpose of this study is to explain such contradictory evidence. Our model and empirical test, using data obtai