Efficient resolution of partnership disputes
研究了合伙纠纷能否高效解决，发现除非合伙效率极低，否则无法实现高效解决，并提出了在可能时实现高效结果的简单程序。
Abstract We study efficient resolution of partnership disputes in which, departing from the partnership dissolution literature, dissolution need not be efficient. We characterize which disputes can be resolved efficiently under both one‐ and two‐sided private information, and show that unless a partnership is sufficiently ineffective, efficient resolution is impossible. We propose simple dispute‐resolution procedures implementing the efficient outcome whenever possible. Finally, we characterize second‐best mechanisms when efficient resolution is impossible and private information is one sided.