Roy model
The Roy model is one of the earliest works in economics on self-selection due to A. D. Roy. The basic model considers two types of workers that choose occupation in one of two sectors.
Roy model - Wikipedia Jump to content From Wikipedia, the free encyclopedia Model for self-selection in economics The Roy model is one of the earliest works in economics on self-selection due to A. D. Roy . The basic model considers two types of workers that choose occupation in one of two sectors. Original model [ edit ] Roy's original paper deals with workers selecting into fishing and hunting professions, where there is no uncertainty about the amount of goods (fish or rabbits) that will be caught in a given period, but fishing is more costly as it requires more skill. The central question
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