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Wages as Sorting Mechanisms in Competitive Markets with Asymmetric Information: A Theory of Testing - MaRDI portal

Wages as Sorting Mechanisms in Competitive Markets with Asymmetric Information: A Theory of Testing

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Publication:3902783

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DOI10.2307/2296934zbMath0454.90008OpenAlexW2033647878MaRDI QIDQ3902783

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Publication date: 1980

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2296934

zbMATH Keywords

existence asymmetric information labor markets competitive markets wages marginal product theory of testing apprenticeship programs game of firms measure of productivity Nash equilibrium with free entry sorting mechanisms

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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