PEREAU, Jean-Christophe; ROUILLON, Sébastien - Groupe de Recherche en Économie Théorique et … - 2011
This article analyses the bargaining side of the Coase theorem in a 3-player strategic framework. We consider several bilateral bargaining protocols between two firms polluting one household (the victim). Our results show that when property rights are given to the victim, he prefers to bargain...