At, Christian; Béal, Sylvain; Morand, Pierre-Henri - In: International Review of Law and Economics 41 (2015) C, pp. 91-102
A single proposer has the opportunity to generate a surplus by buying out the assets of a group of individuals. These individuals vote to accept or reject the monetary offer made to them by the proposer, who needs the agreement of a qualified majority. The voters rejecting the offer while the...