On Some Auction Rules for Amicable Divorce in Equal Share Partnerships

Lengwiler, Yvan and Wolfstetter, Elmar. (2005) On Some Auction Rules for Amicable Divorce in Equal Share Partnerships. In: Das Ethische in der Ökonomie : Festschrift für Hans G. Nutzinger. Marburg, pp. 199-211.

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Official URL: http://edoc.unibas.ch/dok/A5253755

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Partnerships form and dissolve. Dissolution often requires a change in property rights, from joint to single ownership, in the hands of one of the partners. This calls for a dissolution rule that assigns full property rights to the partner who makes the best use of these assets, and assures fair compensation of those who give up their ownership rights. The present paper analyzes two simple auction rules to solve these problems.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Finanzmärkte (Lengwiler)
UniBasel Contributors:Lengwiler, Yvan
Item Type:Book Section
Book Section Subtype:Book Chapter
Series Name:Ethik und Ökonomie
Issue Number:Bd. 1
Note:Publication type according to Uni Basel Research Database: Book item
Last Modified:22 Mar 2012 14:30
Deposited On:22 Mar 2012 14:15

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