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ERIC Number: ED048463
Record Type: RIE
Publication Date: 1970-Jan
Pages: 35
Abstractor: N/A
Racial Discrimination in the Job Market: The Role of Information and Search.
McCall, John J.
The theory developed in this study assumes that the value of discrimination is positive, and its magnitude is a function of the business cycle. A changing economic environment induces employers to engage in experiments, such as hiring nonwhites in periods of tight labor markets. When these experiments alter employer attitudes, reduced discrimination can result. Similarly, employee experimentation in a tight labor market can change their beliefs regarding the intensity of discrimination. Using a Bayesian model to analyze uncertainty, the theory provides an economic explanation for discrimination and its cure. (BH)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: Office of Economic Opportunity, Washington, DC. Office of Planning, Research, and Evaluation.
Authoring Institution: Rand Corp., Santa Monica, CA.