Matouschek, Niko (contributor) - 2002 - [Elektronische Ressource]
, are common knowledge. In contrast to the trade payoffs, the disagreement
payoffs do depend on the ownership structure since …
inthepropertyrightsliteraturethatallowforexpostinefficiency and, to my knowledge,
none are related to the issues addressed here
8
.
Apart from the property rights literature, my … values
at π ∈ <. It is common knowledge that the ‘trade payoffs’ π and c are independently
drawn from a uniform distribution …