Heflebower, Richard Brooks (contributor); … - 2004 - [Elektronische Ressource]
Kathryn E. Spier
1
Kellogg School of Management
June 4, 2004 ….
Although the underlying value of the asset, x, is privately observed by Partner 1 it is common
knowledge that gains from trade … value bargaining games, even when it is common knowledge that gains from trade exist. See
Vincent's common value …