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Self-Selection via Fringe Benefits

Ronald A. Dye1; Rick Antle

1 Health Information Management

Journal of Labor Economics 1984

This paper extends the theory of self-selection to circumstances in which economic agents have some access to markets. We use the analysis to explain the existence of multidimensional compensation packages in the presence of limited (re)marketability. Employment contracts that include fringe benefits are prominent examples of such multidimensional packages.

DOI
10.1086/298039
Volume
2 (3)
Pages
388-411
Language
en
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