Engelmann, Dirk; Kübler, Dorothea - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008
In order to address the impact of regulation on ethical concerns of consumers, westudy the e¤ect of a minimum wage. In our experimental market, consumers havemonopsony power, firms engage in Bertrand competition, and workers are passiverecipients of a wage payment. Two treatments are employed,...