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Getting Everyone to Act Collectively When the Number of Parties

Question 98

Multiple Choice

Getting everyone to act collectively when the number of parties involved is too large to engage in face-to-face bargaining requires


A) excluding potential members of the bargain until negotiations are possible among a small number of principals.
B) adoption of centralized government authority, such as an autocracy or oligarchy.
C) establishing a formal bargaining system.
D) use of random devices to settle differences, such as flipping a coin.

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