Asymmetric Information Bargaining Problems with Many Agents
- 1 July 1990
- journal article
- Published by Oxford University Press (OUP) in The Review of Economic Studies
- Vol. 57 (3) , 351-367
- https://doi.org/10.2307/2298018
Abstract
A yes or no decision must be made about some issue. All agents must agree. The “Coase Theorem” asserts that the efficient outcome will always result.Keywords
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