Carlson School of Management
University of MinnesotaWebsite
Professor Waldfogel’s main research interests are industrial organization and law and economics, and he has conducted empirical studies of price advertising, media markets, the operation of differentiated product markets, and issues related to digital products, including piracy, pricing, and revenue sharing. He was previously the Ehrenkranz Family Professor of Business and Public Policy at the University of Pennsylvania’s Wharton School.
|Amazon’s new $15 per hour minimum wage will force other companies to follow suit.||Agree||7||“Amazon is one of the GAFAM ‘internet monopolies’ with an enormous market valuation and pays its skilled employees well. They are viewed as a big source of income inequality, so visibly paying a high minimum wage is both virtuous and good PR. I would expect similarly situated companies — GAFAMs and companies with respected consumer brands — to follow suit.”|