Athanassoglou, Stergios; Brams, Steven J.; Sethuraman, Jay - Volkswirtschaftliche Fakultät, … - 2010
We study the problem of dissolving a partnership when agents have unequal endowments. Agents bid on the price of the entire partnership. The highest bidder is awarded the partnership and buys out her partners' shares at a per-unit price that is a function of the two highest bids. We show that...