Schmitz, Patrick W. and Sliwka, Dirk (1998): Die Bedeutung von privater Information für Vertragsbeziehungen zwischen Käufern und Verkäufern. Published in: Homo Oeconomicus , Vol. XV, No. 2 (1998): pp. 233-243.
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Abstract
In this paper we discuss the role of private information in buyer - seller relationships. We distinguish between pre- and postcontractual asymmetric information. In each case, we discuss the role of the bargaining protocol and we explore whether it is possible to achieve the first-best outcome.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Die Bedeutung von privater Information für Vertragsbeziehungen zwischen Käufern und Verkäufern |
| Language: | German |
| Subjects: | D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information ; Mechanism Design |
| Item ID: | 6941 |
| Depositing User: | Patrick W. Schmitz |
| Date Deposited: | 01 Feb 2008 12:50 |
| Last Modified: | 27 Sep 2019 18:13 |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/6941 |
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