EconPapers    
Economics at your fingertips  
 

How to Dissolve a Partnership

Benny Moldovanu ()

Journal of Institutional and Theoretical Economics (JITE), 2002, vol. 158, issue 1, 66-80

Abstract: In a unified framework, we survey the recent literature on partnership dissolution with interdependent values. Contrary to the private-values case, where the main obstacle hindering the construction of efficient trading mechanisms is the asymmetry in initial endowments, we find that informational asymmetries play here a major role. For settings where the first-best cannot be achieved, we study incentive-efficient mechanisms or other well-performing simple mechanisms whose rules do not depend on the exact specification of the models' parameters.

JEL-codes: D44 D82 C78 (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (25) Track citations by RSS feed

Downloads: (external link)
https://www.mohrsiebeck.com/artikel/how-to-dissolv ... 16280932456022975619
Fulltext access is included for subscribers to the printed version.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mhr:jinste:urn:sici:0932-4569(200203)158:1_66:htdap_2.0.tx_2-3

Ordering information: This journal article can be ordered from
Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany

Access Statistics for this article

Journal of Institutional and Theoretical Economics (JITE) is currently edited by Gerd Mühlheußer and Bayer, Ralph-C

More articles in Journal of Institutional and Theoretical Economics (JITE) from Mohr Siebeck, Tübingen
Bibliographic data for series maintained by Thomas Wolpert ().

 
Page updated 2019-09-29
Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200203)158:1_66:htdap_2.0.tx_2-3