Labor Economics 5th Edition by George Borjas

تمرين 21

Mickey and Minnie live in Orlando. Mickey's net present value of lifetime earnings in Orlando is $125,000, while Minnie's is $500,000. The cost of moving to Atlanta is $25,000 per person. In Atlanta, Mickey's net present value of lifetime earnings would be $155,000, while Minnie's would be $510,000. If Mickey and Minnie choose where to live based on their joint well-being, will they move to Atlanta Is Mickey a tied-mover or a tied-stayer or neither Is Minnie a tied-mover or a tied-stayer or neither