Minimum wages and excessive effort supply

DOI10.1016/J.ECONLET.2010.06.004MaRDI QIDQ709097zbMATH OpenOpenAlexFDO

Authors Matthias Kräkel, Anja Schöttner

Publication date 15 October 2010

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://epub.ub.uni-muenchen.de/13288/

zbMATH Keywords

bonuseslimited liabilityminimum wages

Mathematics Subject Classification ID

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• Overdeterrence of repeat offenders when penalties for first-time offenders are restricted

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