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Firm behavior in a market with addiction: the case of cigarettes

✍ Scribed by Mark H. Showalter


Book ID
117359593
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
133 KB
Volume
18
Category
Article
ISSN
0167-6296

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Behavior of the firm in a market for het
✍ Susan B. Vroman πŸ“‚ Article πŸ“… 1987 πŸ› Elsevier Science 🌐 English βš– 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