D_Malik comments on Contrarian LW views and their economic implications - Less Wrong Discussion
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According to gwern,
Thanks for including that. This suggests the idea that you could profit off of looking for places where discrimination is greatest and going against the trend. This seems socially valuable too (assuming you're not capturing all of the gains for yourself, which you probably wouldn't be). Gwern, if you're reading this, do you remember which company this was?
ETA: Found some references:
It Pays to Hire Women in Countries That Won’t (HBS)
Profiting from sexism (Economist)
Not offhand. I believe I read it in the K-blogosphere, a mention of a legal firm or something white-collar like that which made a point of hiring women because South Korea is extremely sexist. I probably excerpted it to my Evernotes, but it'd be buried in thousands of other clippings mentioning Korea.
Oh, once I found the linked articles I assumed what you'd read was about the same study. Do you think it was something independent of that?
Yes, those two were anecdotes, not studies. I wouldn't be surprised in the least bit if there were studies pointing the same way, though, but I've never looked: the point is obvious enough that it doesn't really need to be argued for.
Did you miss this (from the HBS link)?
"Employing women who are excluded by their own countries' labor markets is a growing trend for firms with international branch offices, says Harvard Business School professor Jordan Siegel. He discusses the issue in a new study titled "Multinational Firms, Labor Market Discrimination, and the Capture of Competitive Advantage by Exploiting the Social Divide", which he co-wrote with Lynn Pyun of MIT and B.Y. Cheon of Hanshin University and the Korea Labor Institute."
Edit: Oh, or did you mean that what you'd read before was just anecdotes?
That. http://www.hbs.edu/faculty/Publication%20Files/11-011_512c2b3a-2df5-41f9-a4ec-99af4716ba5f.pdf sounds interesting though.
Yup - exactly.
Note though that Greenspan did this a very long time ago. It's plausible that the feminists were right and the market was inefficient decades ago, but they are wrong and the market is efficient contemporaneously.