EconExperiments - Labor Supply
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Concepts & Keywords Illustrated: | |||
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Backward bending labor supply curve; | ||
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Market labor supply curve; | ||
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Substitution Effect; | ||
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Income Effect | ||
Brief description: | |||
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Teacher keeps adding reward to each group's representative for more turn-steps. | ||
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From recording the number of turn-steps each representative is willing and able to do each time, a backward bending labor supply curve is obtained. |
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Results Obtained
[PDF] (108K)
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