Stereotypic wage and accentuation effect

Stereotypic wage and accentuation effect

The paper extends the work of Akerlof and Kranton [2004] on social identity and economics of organization to an adverse selection framework. The inclusion of social identity in the principal's problem alters the contracts offered to the agents. A pooling contract is a Pareto optimal contract wh...

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Bibliographic Details
Published in:The Philippine Review of Economics Vol. XLIII, No. 2 (December 2006), p. [49]-74.
Main Author: Abdullah Baunto, Assad L. (Author)
Format: Analytics
Language:English
Published: 2006.
Subjects:
Economics > Psychological aspects.
Identity (Psychology)
Economics > Sociological aspects.
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9