Problem
1. How is the market compensating wage differential between safe jobs and risky jobs determined? Which type of job will offer a higher wage?
2. Describe how workers and firms "marry" each other in the labor market when there are many types of jobs offering various levels of risk to their workers. What does the slope of the hedonic wage function measure?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.