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Peregrinus Peregrinus
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6 years ago
A "signal" will not work to sort good from bad workers if
A) the signal is as costly to good workers as to bad workers.
B) bad workers are more risk-averse than good workers.
C) the signal is excessively expensive to bad workers.
D) good workers are more productive than bad workers.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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