𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The social basis of interdependent preferences

✍ Scribed by Andrew Postlewaite


Book ID
117098504
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
128 KB
Volume
42
Category
Article
ISSN
0014-2921

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πŸ“œ SIMILAR VOLUMES


Interdependent Preferences and the Compe
✍ Robert H. Frank πŸ“‚ Article πŸ“… 1984 πŸ› The RAND Corporation 🌐 English βš– 277 KB

This article shows by example that when workers care about relative income and are free to choose their coworkers, the equilibrium distribution of wages within firms must be less dispersed than the corresponding distribution of marginal products. An implicit market for within-firm status is shown to