Markets and diversity / Sherwin Rosen.

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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Bibliographic Details
Main Author: Rosen, Sherwin, 1938-2001
Format: eBook
Language:English
Published: Cambridge, Mass. : Harvard University Press, 2004.
Subjects:
Online Access:Click for online access
Table of Contents:
  • 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.