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Retnec Retnec
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6 years ago
When external costs exist, negotiation can be used to internalize those costs even if property rights are poorly defined.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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6 years ago
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Retnec Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
dedricgard
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Yesterday
This site is awesome
choih94
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2 hours ago
Thank you, thank you, thank you!
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