Author Question: According to Coasian reasoning, if negotiation is costless: a. irrespective of the initial ... (Read 49 times)

brutforce · **on:** Jun 30, 2018

According to Coasian reasoning, if negotiation is costless:
a. irrespective of the initial distribution of rights, the efficient outcome will minimize the net benefit of the group.
b. the efficient outcome will minimize the net benefit of the individual who has more rights compared to the others in the group.
c. irrespective of the initial distribution of rights, the efficient outcome will maximize the net benefit of the group.
d. the efficient outcome will maximize the net benefit of the individual who has more rights compared to the others in a group.

Question 2

Evidence suggests that mergers and increased profitability do not necessarily go hand in hand.
Indicate whether the statement is true or false