Experiment 5: A Minimum Wage

The experiment was conducted on 27 September, 1996, at 
Carnegie Mellon University by John H. Miller and Elizabeth Newlon

Data for Table L5.1:
Distribution of Types of Employers and laborers
Participant	Session 	Session		Session
Type		1		2		3
Employers	9		9		9	
Type A ($12)	12		12		12
Type B ($5) 	12		12		12

Data for Table L5.2:
Unemployed Laborers and Their Reservation Wages
	 	Type A ($12)	Type B($5)
Session 1	11		1
Session 2	7		8	
Session 3	0		0 

Data for Table L5.3:
No Minimum Wage:  Session 1--Last Round
Firm	Laborer 1	Laborer 2
ID	Wage	Type	Wage 	Type
1	11	5
2	12	5
3	10	5	9	5
4	10	5
5	9	5	9	5
6	12	12
7	9	5
8	9	5	9	5
9	11	5


Data for Table L5.4:
Binding Minimum Wage:  Session 2--Last Round
Firm	Laborer 1	Laborer 2
ID	Wage	Type	Wage 	Type
1	15	12
2	15	5
3	15	12
4	15	12
5	15	5
6	15	5
7	15	5
8	15	12
9	15	12
	
Data for Table L5.5:
Non-Binding Minimum Wage:  Session 3--Last Round
Firm	Laborer 1	Laborer 2	Laborer 3	Laborer 4
ID	Wage	Type	Wage 	Type	Wage	Type	Wage 	Type
1	18	12	18	12	18	5	18	5
2	18	5	18	12	18	5	19	5
3	19	5	19	12	19	5
4	20	5	20	12	20	12
5	19	12	18	12
6	18	12
7	18	5	19	12
8	18	5	19	5	19	12
9	20	12	20	12

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