Limitations of bargaining include
A) Its impracticality
B) Ambiguity in the assignment of property rights
C) Difficulties associated with enforcing contracts
D) All of these

Question

Quizplus · Accepted Answer

Bargaining is limited by its impracticality in some situations, such as those involving a large number of parties or complex issues. Ambiguity in the assignment of property rights can also limit the effectiveness of bargaining, as can difficulties associated with enforcing contracts. Therefore, all of these are valid limitations of bargaining.

Limitations of Bargaining Include