The Nash Equilibrium Minimum Wage Is Zero
There is simply no level of a minimum wage that can make sense when looked at as a Nash equilibrium problem, where we take logical steps from zero to infinity and then all the way back down to zero.
There is simply no level of a minimum wage that can make sense when looked at as a Nash equilibrium problem, where we take logical steps from zero to infinity and then all the way back down to zero.
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