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- W2120794530 abstract "We survey in a uni…ed framework the recent literature on partnership dissolution in settings where agents have interdependent values. Contrary to the private values case where the main obstacle that hinders the construction of e¢cient trading mechanisms is the asymmetry in initial endowments, we …nd that informational asymmetries play here a major role. For settings where the …rst-best cannot be achieved, we study incentive-e¢cient mechanisms or other well-performing simple mechanisms whose rules do not depend on the exact speci…cation of the models’ parameters." @default.
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- W2120794530 title "How to Dissolve a Partnership" @default.
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- W2120794530 doi "https://doi.org/10.1628/0932456022975619" @default.
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