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Author: A Rosen
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This paper analyses the interaction between internal agency problems within firms and external search frictions when workers have private information. We show that the allocation of resources is determined by a modified ...Read more...
Espen R. Moen and A Rosen
November 2007
A model in which firms have incomplete information about workers at the hiring stage is shown to entail discrimination as the unique stable equilibrium outcome, even if no agents have a taste for discrimination. Discrimi...Read more...
A Rosen
September 1992