Extracting Interaction-Created Surplus

Extracting Interaction-Created Surplus
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提取互动创造的剩余

DOI:
10.1006/game.1999.0713
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发表时间:
2000
期刊:
Games Econ. Behav.
影响因子:
--
通讯作者:
R. Spiegler
R. Spiegler
中科院分区:
--
文献类型:
--
作者:
R. Spiegler

文献摘要

被引文献

相似文献

本文论证了经济主体在双边互动中所产生的经济剩余是可由具有足够初始资源的外部主体提取的。第三方使用一类“排他性互动”合同来实现这一结果。一个基本的可提取性的结果被证明是强大的几个扩展:外部各方之间的竞争,相互作用的代理商的多样性,以及一个动态的扩展与重复的机会进行互动。最后,与经济中介文献的一些联系。经济文献分类号:C79
Abstract This paper demonstrates that the economic surplus which agents produce in bilateral interactions is extractable by an outside party having sufficient initial resources. The third party achieves this outcome using a class of “exclusive-interaction” contracts. A basic extractability result is shown to be robust to several extensions: competition among outside parties, multiplicity of interacting agents, and a dynamic extension with repeated opportunities to interact. Finally, some connections with the economic intermediation literature are drawn. Journal of Economic Literature Classification Number: C79