In a well-functioning market economy, who ultimately bears the cost of employment discrimination (failing to hire an otherwise qualified applicant due to an irrelevant variable), the employer or the applicant? Given this result, what is the optimal role for government regulation in hiring practices? Why? Be sure to consider costs and benefits in your answer. Consider University of Alabama football, what was the chief factor in integrating the football team, societal and regulatory pressures or results on the field?

Is there an economic justification to pay the baseball player Alex Rodriguez $25 million a year? The quarterback Peyton Manning makes $14 million per year. Has this market gotten completely out of hand? Can there be any justification to some of the salaries paid? If so, what are the justifications? What impact do these salaries have on the sport? Are there good economic reasons for teams to pay these salaries?

What are the pros and coms of paying efficiency wages? For both the firm and the employee

According to David Ewing, two factors explain the absence of civil liberties and the prevalence of authoritarianism in the workplace. Which of the following is one of them? a. the repeal of the Wagner Act b. discriminatory employment practices due to the passage of the Taft-Hartley Act c. employer resistance to unionization d. the rise of personnel engineering and professional management

Why do economists study sports teams when looking for evidence of labor-market discrimination?   Select one: a. because all four United States professional sports leagues (football, basketball, hockey, and baseball) require discrimination studies every five years b. because the salaries paid to professional athletes exhibit the superstar phenomenon, which is highly correlated with discrimination c. because nonwhites comprise a majority of starters for many professional sports teams d. because the wide availability of performance statistics allows economists to control for individual player productivity in ways that are difficult to do for other types of firms

As a manager, you want everyone on the team to earn the same bonus, regardless of effort. Which of the following distributive justice rule are you adhering to? Equity Equality Need Accuracy

Suppose that you have the following information about the market for players on your team: Supply: W=5+N Demand: W=35-2N a. Draw this graphically and calculate the equilibrium wage and number of players on the team. b. Suppose that the players union negotiates a roster size of only 5 players on a team. Draw this graphically and calculate the new equilibrium wage number of players on the team.

Part B: As a policy analyst for the Congressional Budget Office, you have been asked to estimate the potential costs of occupational licensing to the U.S. economy. Using demand analysis, a basic examination of the national costs of licensing could be developed as follows: Suppose that the entire 10 percent wage premium is from market power (as opposed to greater productivity from enhanced human capital), and further assume that labor supply is perfectly elastic and the labor demand elasticity is 0.5. Hypothetically, assume that the Census data suggests that there are approximately 68 million licensed workers in the U.S. Also assume that the average earning is $50,000. Calculate the potential job loss and the annual cost to consumers as a consequence of occupational licensing. Hint: Recall that the movement up the demand curve is the change in wages times the labor demand elasticity times the number of workers. To calculate the costs, what would a license worker make if they were…

Suppose that the competitive wage in independent hockey league is $100,000 per season. One team owner has a taste for discrimination against all foreign players. Her coefficient of discrimination against European players is 0.15, and her coefficient of discrimination against Canadian players is 0.30. a) If she pays them the market salary, what salary she feels she is paying to each group? b) Given her preferences, what salary she will consider to be “fair” for each group? c) If the supply of players were perfectly elastic, what would happen to the representation of European, Canadian, and US-born players on the team? d) Who is going to be better and who is going to be worse off in this situation? Out of: the team owner, other teams owners, European players, Canadian players, US-born players, fans.

Explain why unions have been slow to embrace environmental issues? What has been done to change this? 1. What is a key demographic trend you believe is influencing national or international unions in the 21st century? 2. 3. What are some of the characteristics of Canadian union membership and what is the significance of these features? 4. What is union density and why is this measure important? Some argue that high-performance work practices, nonunion representation, and nonstandard work practices are designed to be forms of union substitution and/or union avoidance. Do you feel this is true? Why or why not? 5. Assume you are a labour leader and that you are trying to organize a nonunion firm that has high-performance work practices and nonunion employee representation practices in place. What would you tell employees are the advantages of unionization even with these progressive HRM practices 6. Given the number of multinational companies and companies that operate in both Canada and…