Examlex
Cirrhosis of the liver is reversible with long-term abstinence.
Smoke-Free Air
Policies or regulations that prohibit smoking in public places to protect people from the harmful effects of secondhand smoke.
Bargaining
The process of negotiating the terms of a transaction or agreement between parties with differing interests.
Coase Theorem
An economic theory that suggests that if property rights are well-defined and transaction costs are minimal, voluntary negotiations will lead to the efficient resolution of disputes regarding resource allocation.
Cost Of Bargaining
The expenses, in terms of both time and resources, that are involved in reaching an agreement in a bargaining process.
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