INFORMATION COSTS, PRICING, AND RESOURCE UNEMPLOYMENT

@article{Alchian1969INFORMATIONCP,
  title={INFORMATION COSTS, PRICING, AND RESOURCE UNEMPLOYMENT},
  author={Armen Albert Alchian},
  journal={Economic Inquiry},
  year={1969},
  volume={7},
  pages={109-128}
}
  • A. Alchian
  • Published 1 June 1969
  • Economics
  • Economic Inquiry
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301 Citations
Highly Influential Citations
7
Background Citations
63
Methods Citations
6
Results Citations
2

301 Citations

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References

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The Asking Price of Labor and the Duration of Unemployment
Dynamic Shortages and Price Rises: The Engineer-Scientist Case
Introduction, 292. — I. Shortages and price rises, 293. — II. Empirical evidence of a shortage in the engineer-scientist market, 296. — III. The process of adjustment in the market, 297. — IV. A…
The Exchange and Enforcement of Property Rights
Our economic system, with its specialization of economic activities into separate ownership and decision units, requires both control over goods and exchange of goods if it is to cope with the…
Wage Determination and Involuntary Unemployment
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  • Economics
    Journal of Political Economy
  • 1951
E orthodox theory of wage determination in nonunionized labor I markets was formulated for fullemployment situations. Certain of its implications give rise to difficulties in the presence of…
The Cost of Transacting
Introduction, 33. — The definition and measurement of transaction cost on the New York stock exchange, 35. — The determination of the ask-bid spread, 40. — The determination of the transaction rate,…
Information in the Labor Market
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  • Economics
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  • 1962
rfl9H E young person entering the labor market for the first time has an . immense number of potential employers, scarce as they may seem the first day. If he is an unskilled or a semiskilled worker,…
The Economics of Information and Optimal Stopping Rules
Do we have a new industrial feudalism
Optimal Persistence Policies
This paper deals with the problem of whether or not a search activity should be started and, if started, whether or not it should be continued. This problem suggests a model that is described. The…
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