Self-Selection via Fringe Benefits, Journal of Labor Economics
This paper extends the theory of self-selection to circumstances in which economic agents have some access to markets. We use the analysis to explain the existence of multidimensional compensation packages in the presence of limited (re)marketability. Employment contracts that include fringe benefits are prominent examples of such multidimensional packages. [ABSTRACT FROM AUTHOR]
Dye, A. Ronald. 1984. Self-Selection via Fringe Benefits. Journal of Labor Economics. 2(3): 388-411.