Manager's effort and endogenous economic discrimination

Assume a labor supply consisting of two types of workers, 1 and 2. Both workers are equally productive and exhibit supply functions with the same elasticity. We consider a firm (entrepreneur or shareholders) that is competitive in the output market and monopsonistic in input markets. The firm uses t...

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Bibliographic Details
Main Authors: Jaime Orrillo, Paulo R. A. Loureiro
Format: Article
Language:English
Published: Universidade de São Paulo 2004-09-01
Series:Estudos Econômicos
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-41612004000300001