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来源类型Working Paper
规范类型报告
DOI10.3386/w10104
来源IDWorking Paper 10104
Categorical Redistribution in Winner-Take-All Markets
Roland G. Fryer; Glenn C. Loury
发表日期2003-11-17
出版年2003
语种英语
摘要This paper constructs a simple model of pair-wise tournament competition to investigate categorical redistribution in winner-take-all markets. We consider two forms of redistribution: category-sighted, where employers are allowed to use categorical information in pursuit of their redistributive goals; and category-blind, where they are not. It is shown that the equilibrium category-sighted redistribution scheme involves a constant handicap given to agents in the disadvantaged category. Equilibrium category-blind redistribution creates a unique semi-separating equilibrium in which a large pool of contestants exerts zero effort, and this pool is increasing in the aggressiveness of the redistribution goal.
主题Microeconomics ; Market Structure and Distribution ; Economics of Information
URLhttps://www.nber.org/papers/w10104
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/567732
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GB/T 7714
Roland G. Fryer,Glenn C. Loury. Categorical Redistribution in Winner-Take-All Markets. 2003.
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