Endogenous bargaining power and the theory of small group collective choice |
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Authors: | Z. A. Spindler |
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Affiliation: | 1. Simon Fraser University, Canada
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Abstract: | Contrary to some criticism (Musgrave and Musgrave, and West) the small group collective choice model may yield a determinate, Pareto optimal solution even with all or none bargaining. Such bargaining as well as the solution are implied by the basic assumptions of the theoretical model. |
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