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Seth Morgan's avatar

I bet you’re right that people in idiosyncratic jobs are underpaid. The fact of being in a job that is crafted just for you gives your employer some power since (here comes the Econ take) no other employer has the same information about your idiosyncratic skills, raising your switching costs. It gives you some power too but my guess is that the relationship is asymmetric and the cost to you of switching jobs is more significant than the cost to the employer of losing you. But I could be wrong, and it would vary by person and skillset.

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