Abstract
Consider now the case in which there is no mobility of personnel between organizations. This may be for technical reasons—as in the case of the church—or because the cost of transfers k are too high in view of cultural restrictions as in the case of corporations in Japan. Each organization is then a monopsonist who can set a salary policy of its own, subject only to the restriction (5.1) on the attractiveness of a career to beginners.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Beckmann, Martin (1975), “Echelle des Salaries et Avancement dans les Organisation Hierarchiques,” Annales de L’Insee, 18, 45–60.
State of California, “Salaries and Wages Supplement, 1977–78,” Submitted by Edmund G. Brown, Jr., Governor to the California Legislature, 1977–78, Regular Session.
Whittaker, Joseph (April, 1977), Almanack, London: 1977.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1978 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Beckmann, M.J. (1978). Salaries: Monopsony. In: Rank in Organizations. Lecture Notes in Economics and Mathematical Systems, vol 161. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-95336-1_6
Download citation
DOI: https://doi.org/10.1007/978-3-642-95336-1_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-09088-5
Online ISBN: 978-3-642-95336-1
eBook Packages: Springer Book Archive