Can We Distribute Goods Efficiently Without Property Rights?.
Even in the absence of absolute property rights, ex-post bargaining may lead to efficient distribution of goods, CHRISTOPH ENGEL explains in this video. The findings of this research thus extend the domain of the Coase theorem. In the experiment, with a society of two individuals and a single commod...
| Format: | Video |
|---|---|
| Language: | English |
| Published: |
[Place of publication not identified] :
Latest Thinking,
[date of publication not identified]
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| Subjects: | |
| Online Access: | Connect to this streaming video (Alexander Street Press) |
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