13. Explain why in situations where the Coase Theorem applies, bargaining power does not influence whether the

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13. Explain why in situations where the Coase Theorem applies, bargaining power does not influence whether the efficient outcome is reached, but it does affect the distribution of gains.

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Macroeconomics

ISBN: 9780134492056

2nd Edition

Authors: Daron Acemoglu, David Laibson, John List

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