Cover: An Economic Analysis of the Market for Scientists and Engineers

An Economic Analysis of the Market for Scientists and Engineers

Published 1958

by Armen Albert Alchian, Kenneth Arrow, William M. Capron

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This study was stimulated by the question of whether there is now or has been in the recent past a "shortage" of scientists and engineers, and, if so, in what sense a shortage can exist. To these and allied questions, this study attempts to give partial answers as well as to suggest further research. It applies economic theory to these problems in a way, it is hoped, that will be intelligible to economists and non-economists alike.

This report is part of the RAND research memorandum series. The Research Memorandum was a product of RAND from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.

This research in the public interest was supported by RAND, using discretionary funds made possible by the generosity of RAND's donors, the fees earned on client-funded research, and independent research and development (IR&D) funds provided by the Department of Defense.

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