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Explain how the existence of endowment effects may interfere with the process of bargaining and may potentially result in a less-than-optimal allocation of resources.
Explain how the existence of endowment effects may interfere with the process of bargaining and may potentially result in a less-than-optimal allocation of resources.
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Foodservice Management Principles and Practices
Authors: June Payne Palacio, Monica Theis
12th edition
133003213, 9780133003215, 978-0135122167
