Entrepreneurship and the taste for discrimination |
| |
Authors: | Christopher J Coyne Justin P Isaacs Jeremy T Schwartz |
| |
Institution: | (1) Department of Economics, West Virginia University, Morgantown, WV 26506-6025, USA;(2) Department of Economics, Hampden-Sydney College, Hampden-Sydney, VA 23943, USA |
| |
Abstract: | This paper analyzes the connection between discrimination and entrepreneurship. We contend that the entrepreneur is the central
mechanism through which inefficiencies associated with discrimination are competed away. In addition to illuminating the mechanism
through which existing discrimination tends to be eliminated, we also consider the more difficult case of consumer discrimination.
The standard assumption is that consumer discrimination will not be competed away through market forces. In contrast, we find
that entrepreneurs can correct the inefficiencies associated with this form of discrimination by influencing the costs and
benefits associated with consumer discrimination. We empirically analyze the integration of black players in Major League
Baseball to illustrate our theoretical arguments regarding entrepreneurship and consumer discrimination. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|