Underpaid workers - PowerPoint PPT Presentation

BEM 146: Pay &amp; ILM (ch 14) Colin Camerer, Fall 03

BEM 146: Pay &amp; ILM (ch 14) Colin Camerer, Fall 03. Competitive model All workers &amp; firms the same (e.g. migrant farm worker picking) Marginal revenue product of a worker (MRP) is easily measured Market wage=MRP If wages too low, workers quit &amp; firms raise wage

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Homework

Homework. Pages 90-94 Define: Pluralism, Inclusiveness How do sociologists account for the world-wide increase in female participation rates in employment? Provide and explain an example of systemic discrimination (not mine!!)

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Underpaid workers - PowerPoint PPT Presentation

BEM 146: Pay &amp;amp; ILM (ch 14) Colin Camerer, Fall 03

Homework

BEM 146: Pay & ILM (ch 14) Colin Camerer, Fall 03