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10%OFFSherwin Rosen - Markets and Diversity - 9780674010758 - V9780674010758
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Markets and Diversity

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Description for Markets and Diversity Hardback. The main theme of Sherwin Rosen's 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. Num Pages: 370 pages, 27 line illustrations, 16 tables. BIC Classification: KCF. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 27. Weight in Grams: 674.

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.

Rosen felt that good economics required combining simple but powerful concepts such as optimizing and equilibrium with careful empirical analysis. It was important for ... Read more

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Product Details

Format
Hardback
Publication date
2004
Publisher
Harvard University Press United States
Number of pages
370
Condition
New
Number of Pages
370
Place of Publication
Cambridge, Mass, United States
ISBN
9780674010758
SKU
V9780674010758
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1

About Sherwin Rosen
Sherwin Rosen was Professor of Economics at the University of Chicago and former president of the American Economic Association.

Reviews for Markets and Diversity
Sherwin Rosen was highly creative and thought deeply about economic questions. This collection of some of his most important articles on compensating differences in labor and product markets, superstars, the value of life, investment in human capital, and other important economic questions is still fresh and stimulating. I expect his influence on economic thinking to grow. There is no better ... Read more

Goodreads reviews for Markets and Diversity


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