Jansen, L.

farmer government price offer model equilibrium pay-off price offer process bargaining property hobby court procedure coase conjecture situation bargaining process monopoly period expropriation monopoly power hobby farmers information section value compensation payment trial game theoretic analysis agreement dutch law order probability dutch party analysis janssen point reason conjecture coase jansen observation literature equation equilibrium price power result gerth niehoff condition monopolist paper equilibria stage settlement m.c.w payment section 2 proof compensation tirole appendix inequality theoretic dutch government difference 6 p ~ sequential government bargains player agent bargain citizen intuition negotiation place possibility theory coasian blue-print