{"content":{"sharePage":{"page":0,"digests":[{"id":"48139130","dateCreated":"1323821422","smartDate":"Dec 13, 2011","userCreated":{"username":"Matt_Gray1","url":"https:\/\/www.wikispaces.com\/user\/view\/Matt_Gray1","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/48139130"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"Summary","description":"Very concise. The post begins with evaluating the basics of supply and demand in the labor market. The graphs provide good examples, and I think it was interesting to see that they look exactly the same as supply and demand curves we would normally see for goods. The author goes on to discuss spot exchange, contracting and vertical integration, and provides good examples of each.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47943002","dateCreated":"1323495252","smartDate":"Dec 9, 2011","userCreated":{"username":"JasonYoungBSU","url":"https:\/\/www.wikispaces.com\/user\/view\/JasonYoungBSU","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47943002"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"Summary","description":"The author discuss the laws of supply and demand and then specifies how those laws apply to labor.
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\nHe continues with marginal product of labor, which describes the effect on output when the amount of labor (workers, worker\/hrs) changes.
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\nLastly, input procurement is described. There are three basic types: Spot exchange, contract, and vertical integration. His examples are specific to inputs of production of supplies for manufacturing, but it is not difficult to extend his definitions and apply them to the labor market. Spot Exchange would similar to a temp worker with no obligation other than possibly filling a void for the short term. A contract worker who is hired to complete a specific task could fall under contracting, and vertical integration could describe an employee who may have formerly been a contract employee brought on board to perform that same contracted duty but directly for the employer.
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\nGreat job, Kreg!","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47397808","dateCreated":"1322791184","smartDate":"Dec 1, 2011","userCreated":{"username":"dpkreitl","url":"https:\/\/www.wikispaces.com\/user\/view\/dpkreitl","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47397808"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"Article","description":"http:\/\/www.wiwi.uni-frankfurt.de\/profs\/inderst\/Competition_Policy\/pricediscriminationinputmarkets.pdf<\/a>
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\nThe article link above might be helpful.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47386822","dateCreated":"1322786180","smartDate":"Dec 1, 2011","userCreated":{"username":"cartersprunger","url":"https:\/\/www.wikispaces.com\/user\/view\/cartersprunger","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47386822"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"input pro. scholarly article","description":"http:\/\/www.ifdc-catalist.org\/pdfs\/2008\/Guide_for_Financing_Rwanda_6August2008.pdf<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47278656","dateCreated":"1322690725","smartDate":"Nov 30, 2011","userCreated":{"username":"jcrews4","url":"https:\/\/www.wikispaces.com\/user\/view\/jcrews4","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47278656"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"Labor Market Inefficiencies","description":"I found this to be a good article and thought it may help with your topic....
\nhttp:\/\/atai-research.org\/our-approach\/labor-market-inefficiencies<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47023958","dateCreated":"1322408540","smartDate":"Nov 27, 2011","userCreated":{"username":"RWentink","url":"https:\/\/www.wikispaces.com\/user\/view\/RWentink","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47023958"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"Oil Boom in North Dakota","description":"In early November I had the opportunity to spend 2 weeks consulting in northwestern Minnesota. (And yes, it was cold! The last afternoon it was 18 degrees at 5pm!).
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\nOne of the local residents happened to mention that North Dakota was experiencing an oil boom. Many of the men from this rural Minnesota community had taken oil jobs, and would work for extended periods in North Dakota, and return home periodically to their family and friends. They related stories about how life was changing in North Dakota as a result of the boom.
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\nUnless you've been in areas like these, it is hard to picture how remote they can be. Suddenly there are lots of jobs, for wages far higher than the population was used to. Some of the negative changes mentioned in the conversation I had sounded similar to those of gentrification in a city. For instance, housing prices are now escalating because of a shortage due to the influx of workers, and some of the existing residents can no longer afford their apartments.
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\nThe situation sounded like a great environment for a case study on changes in supply and demand, as well as the unintended consequences of such a boom. Here's a link to a web site that can provide more information if you're curious: http:\/\/www.north-dakota-oil-field-jobs.com\/oilboom.html<\/a>. And from Forbes, an article about the size of the fields: http:\/\/www.forbes.com\/sites\/christopherhelman\/2011\/06\/27\/tycoon-says-north-dakota-oil-field-will-yield-24-billion-barrels-among-worlds-biggest\/<\/a>.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"45123108","dateCreated":"1319732123","smartDate":"Oct 27, 2011","userCreated":{"username":"JASCHAEFER","url":"https:\/\/www.wikispaces.com\/user\/view\/JASCHAEFER","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/45123108"},"dateDigested":1532762579,"startDate":null,"sharedType":"discussion","title":"Input Procurement","description":"Read an interesting article on input procurement in the ethanol industry:
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\nhttp:\/\/www.e10-kraftstoff.de\/dateien\/interessen-agrarwirtschaft-e10.pdf<\/a>
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\nIt talks about rising costs, increased demand and change in food pricing.","replyPages":[{"page":0,"digests":[],"more":0}]}],"more":false},"comments":[]},"http":{"code":200,"status":"OK"},"redirectUrl":null,"javascript":null,"notices":{"warning":[],"error":[],"info":[],"success":[]}}