The Political Coase Theorem: Experimental Evidence
收藏NBER2014-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19943
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资源简介：
The Political Coase Theorem (PCT) states that, in the absence of transaction costs, agents should agree to implement efficient policies regardless of the distribution of bargaining power among them. This paper uses a laboratory experiment to explore how commitment problems undermine the validity of
提供机构：
美国国家经济研究局
创建时间：
2014-02-01
