search query: @indexterm WELFARE ECONOMICS / total: 236
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| Author: | Brito, D.L. |
| Title: | Private information, Coasian bargaining, and the second welfare theorem |
| Journal: | Journal of Public Economics
2006 : MAY, VOL. 90:4-5, p. 871-895 |
| Index terms: | asymmetric information bargaining externalities welfare economics |
| Language: | eng |
| Abstract: | This article examines Coasian bargaining by developing a model where individuals utilize a common resource and may affect each others output. The individuals differ in their productivities or tastes and this information is private to each of them. |
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