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Bargaining achieves Coasean efficiencies even if that bargaining is so strategic that it prevents actual exchanges from taking place – or so I argue in this 1996 article.

by Don Boudreaux on June 17, 2011

Bargaining achieves Coasean efficiencies even if that bargaining is so strategic that it prevents actual exchanges from taking place - or so I argue in this 1996 article.

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