Does the lack of trade matter? : the endowment effect and the Coase Theorem /

This paper studies the implications of the endowment effect on the Coase Theorem. The endowment effect places a sharp bend or kink in the traditional indifference curve. Applying this result to the traditional two-party exchange model using Edgeworth box analysis identifies and explains the large no...

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Bibliographic Details

Main Author:	Rose, Cynthia Lynn
Format:	Thesis Book
Language:	English
Published:	[Place of publication not identified] : [publisher not identified] ; 2002.
Subjects:	Major economics and agribusiness.
Online Access:	Link to OAK Trust copy