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The top documents tagged [flat indifference curves]
1 Hedonic Wage Function. 2 Up to this point we have seen a model with only two types of jobs: Prob of injury = 0 jobs and prob of injury = 1 jobs. (the
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Hedonic Wage Function
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Indifference curves Workers care about whether their job is safe or risky Utility = f (w, ) where risk of injury Indifference curves reveal the trade
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