Die Bedeutung von privater Information für Vertragsbeziehungen zwischen Käufern und Verkäufern

Patrick Schmitz and Dirk Sliwka

MPRA Paper from University Library of Munich, Germany

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.

JEL-codes: D82 (search for similar items in EconPapers)
Date: 1998
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Published in Homo Oeconomicus 2.XV(1998): pp. 233-243

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:6941

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