Is it Harmful to Allow Partial Cooperation?.

Examples abound in economics, politics and society where agents can enter partial cooperation schemes, i.e. they can collude with a subset of agents. Several constributions devoted to specific settings have claimed that such partial cooperation actually worsens welfare compared to the no-cooperation situation. Our paper assesses this view highlighting the forces that lead to such result.

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Year of publication:	1999
Authors:	Beaudry, P. ; Cahuc, P. ; Kempf, H.
Subject:	COOPERATION \| ECONOMICS

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Type of publication:	Book / Working Paper
Notes:	16 pages
Classification:	D00 - Microeconomics. General ; B00 - Schools of Economic Thought and Methodology. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005780750