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Eficiencia Productiva y Asignación de Cuotas de Pesca en Chile: Teorema de Coase y Asimetrías de Información

Este trabajo analiza el criterio de asignación inicial de las cuotas individuales de pesca, encontrando que la asignación mediante una subasta garantiza la eficiencia productiva, logro que no puede ser asegurado si se opta por una asignación de acuerdo a criterios históricos. El argumento central es que el Teorema de Coase es inapropiado ante asimetrías de información. Así, una aplicación directa del Teorema de Myerson-Satterthwaite plantea que la asignación inicial sí importa para el resultado que posteriormente surja en una negociación bilateral, aun con costos de transacción bajos o nulos, generándose un sesgo en la asignación final hacia quien tiene el derecho de propiedad inicial; éste será quien retendrá una proporción mayor que lo eficiente del bien. Por lo tanto, resulta de primer orden de importancia que la asignación inicial sea eficiente, lo que puede ser logrado con una subasta de las cuotas de pesca.

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Paper provided by Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines in its series ILADES-Georgetown University Working Papers with number inv264.

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Length: 34 pages
Date of creation: Mar 2011
Date of revision:
Handle: RePEc:ila:ilades:inv264
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  2. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August.
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  5. Myerson, Roger B. & Satterthwaite, Mark A., 1983. "Efficient mechanisms for bilateral trading," Journal of Economic Theory, Elsevier, vol. 29(2), pages 265-281, April.
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  7. Richard McKelvey & Talbot Page, 2000. "An Experimental Study of the Effect of Private Information in the Coase Theorem," Experimental Economics, Springer, vol. 3(3), pages 187-213, December.
  8. Drew Fudenberg & Jean Tirole, 1991. "Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061414, June.
  9. Paul Klemperer, 2004. "Auctions: Theory and Practice," Online economics textbooks, SUNY-Oswego, Department of Economics, number auction1.
  10. Paul Klemperer, 2004. "Introduction to Auctions: Theory and Practice
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  11. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837 - 877.
  12. John McMillan, 1994. "Selling Spectrum Rights," Journal of Economic Perspectives, American Economic Association, vol. 8(3), pages 145-162, Summer.
  13. McKelvey, Richard D. & Page, Talbot, 1999. "Taking the Coase Theorem Seriously," Economics and Philosophy, Cambridge University Press, vol. 15(02), pages 235-247, October.
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