Markets and Diversity |
|
| Author:
| Rosen, Sherwin |
| Contribution by:
| Garicano, Luis |
| ISBN: | 978-0-674-01075-8 |
| Publication Date: | Jul 2004 |
| Publisher: | Harvard University Press
|
| Book Format: | Hardback |
| List Price: | USD $102.00 |
Book Description:
|
A neoclassical economist, Rosen drew inspiration from Smith's theory of compensating wage differentials. The main theme of this collection is how markets handle diversity, including determination of value in the presence of diversity, allocation of idiosyncratic buyers to specialized sellers, and effects of heterogeneity and sorting on inequality.
A neoclassical economist, Rosen drew inspiration from Smith's theory of compensating wage differentials. The main theme of this collection is how markets handle diversity, including determination of value in the presence of diversity, allocation of idiosyncratic buyers to specialized sellers, and effects of heterogeneity and sorting on inequality.