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Markets and Diversity

By: Sherwin Rosen (Author)

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Ksh 18,700.00

Format: Hardback or Cased Book

ISBN-13: 9780674010758

Publisher: Harvard University Press

Publication Date: Jul 1st, 2004

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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.

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