Identification of Equilibrium Structures of Endogenous Specialization: a Unified Approach Exemplified

Guang-Zhen Sun

Chapter 10 in The Economics of E-Commerce and Networking Decisions, 2003, pp 195-213 from Palgrave Macmillan

Abstract: Abstract In the rapidly growing literature on endogenous specialization, of which the modern pioneering studies are Rosen (1978), Becker (1981) and Yang (1988) among others, a technically challenging problem is that many interesting models with intra-firm and inter-firm division of labour among ex ante heterogeneous agents, are not tractable by the existing toolkit, and therefore an obstacle to further progress needs to be overcome. This chapter develops a new apparatus to fill the void.

Keywords: Labour Market; Wage Rate; Equilibrium Price; Price Vector; Indirect Utility (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3837-4_10

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DOI: 10.1057/9781403938374_10

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