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Air France pointed out that former French presidents and their families, "in accordance with tradition, can take advantage of transport facilities in the highest reservation category".
Our benchmark group reports the highest reservation wage, still with a high participation ratio to the labor market.
My store, which had some of the highest reservation total, if not the highest in the district, is getting a grand total of 0 phones; however, another store — which is about a mile down the road — is getting four.
The objective of each mechanism is to allocate a single unit of an indivisible private good to the player with the highest reservation value at zero cost to her.
However, it also suggests that household loan and alternative income generating scope reduced the likelihood to be in the highest reservation wage group by 15.1% and 10.9% (significant at 5% level) respectively.
We found the effect of outside health training the strongest in absolute value and it increased the likelihood to be in the highest reservation wage group by 18.1% (significant at 5% level) but decreased the likelihood to be in the lowest reservation group by 15% (significant at 5% level).
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High unemployment would then result from high reservation wages.
This suggests high reservation wages are not the main constraint.
We consider three possible explanations for this: high minimum wages, high reservation wages, or high reservation utility.
We therefore want to understand whether this is due to high reservation wages or high reservation utility driven by non-wage job attributes.
Higher insurance leads to higher reservation wages and thus to potentially higher wages and lower employment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com