Wage Determination in Rural Labour Markets: The Theory of Implicit Co-operation

S. R. Osmani

No wp-1988-048, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The nature of labour market in traditional rural societies has attracted a lot of attention in the recent years. One issue that has appeared particularly intriguing is the process of wage determination. After a good deal of theorising as well as detailed empirical research, the matter still remains largely unresolved. This paper takes a fresh look at this issue, focusing specifically on the casual or daily labour market of the kind typically observed in rural South Asia.

Keywords: Agricultural labourers; Game theory; Labour market; Wage differentials; Wages (search for similar items in EconPapers)
Date: 1988
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