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Labor Economics,Preferences, and the Rationality Assumption: A Comment on Blau, Dickens, and Malveaux

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Labor Economics: Modern Views

Part of the book series: Recent Economic Thought Series ((RETH,volume 4))

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Abstract

The Blau, Dickens, and Malveaux chapters share an alarming and perhaps heretofore insufficiently appreciated theme. The unambiguous message in these three chapters is one that concerns a failure of microeconomic labor market models. The standard models, it seems, fail to explain sex differentials in wages, racial differences in unemployment, and the provision of such workplace amenities as safety. An unusually consistent tale is told by Professors Blau, Dickens, and Malveaux.

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© 1984 Kluwer-Nijhoff Publishing

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Myers, S.L. (1984). Labor Economics,Preferences, and the Rationality Assumption: A Comment on Blau, Dickens, and Malveaux. In: Darity, W. (eds) Labor Economics: Modern Views. Recent Economic Thought Series, vol 4. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-5636-0_10

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  • DOI: https://doi.org/10.1007/978-94-009-5636-0_10

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-8985-2

  • Online ISBN: 978-94-009-5636-0

  • eBook Packages: Springer Book Archive

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