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"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 main theme of his collection is how markets handle diversity, including the determination of value in the presence of diversity, the allocation of idiosyncratic buyers to specialized sellers, and the effects of heterogeneity and sorting on inequality."--BOOK JACKET.
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Subjects
Labor market, Diversity in the workplaceEdition | Availability |
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Markets and Diversity
July 15, 2004, Harvard University Press
Hardcover
in English
0674010752 9780674010758
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