Author： Shogren Jason F. Moffett Randy Margolis Michael
Publisher： Routledge Ltd
ISSN： 1466-4291
Source： Applied Economics Letters, Vol.9, Iss.15, 2002-12, pp. : 971-977
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Abstract
It is found that nonconvexities do not reduce the overall efficiency of Coasean bargaining in the laboratory. Also, it is observed that most bargainers act in their own constrained self-interest when bargaining over an efficient corner solution relative to the standard baseline case.
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