Dissolving a Partnership Efficiently.

Several partners jointly own an asset that may be traded among them. Each partner has a valuation for the asset. The valuations are known privately and drawn independently from a common probability distribution. The authors characterize the set of all incentive-compatible and interim individually-ra...

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Autori principali: Cramton, P, Gibbons, R, Klemperer, P
Natura: Journal article
Lingua:English
Pubblicazione: 1987
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