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by nabraham
4067 days ago
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I'm not sure openly publishing salaries is collusion, which usually is a (secret) attempt by a few players to set prices for everyone. Like in the law firm example, all this affects only the top companies. Also, different structures can create economics outcomes that vary by 2-3x, no market failure needed. Take a look at a small example like Hired.com - firms openly bidding on engineers has resulted in salaries that seem to be 50-100% higher than those achieved absent such a structure. |
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