Duran Miguel A.; Morales Antonio J. - In: The B.E. Journal of Theoretical Economics 14 (2014) 1, pp. 18-18
The common sensical definition of favoritism implies some kind of discrimination. We propose a model where a group of agents commit to give preference to their members when making job offers. This endogamic behavior is advantageous because members enjoy preferential job offers, but they incur in...