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Status Quo Bias in Bargaining: An Extension of the Myerson–Satterthwaite Theorem with an Application to the Coase Theorem

✍ Scribed by Richard D. McKelvey; Talbot Page

Book ID
112258311
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
140 KB
Volume
107
Category
Article
ISSN
0022-0531

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The necessary and su cient conditions are given for some stochastic process to be an empirical distribution function from some exchangeable random variables. The result is applied to establish sharp lower and upper bounds for order statistics based on possibly dependent random variables.