This paper has the longest genesis: it takes ten years to publish. Sadly, the intellectual content has barely changed; what really changed is the advent of sharing economy. Because of that, the idea of decentralized control without equilibrium becomes accepted.
Eventually, it is the writing that makes difference.
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Decision: Accept
Dear Authors (blinded for confidentiality):
Thank you for submitting a careful revision of the above manuscript. I have now received reports from the remaining reviewer and the Associate Editor (AE), with the latter being communicated via email. Both recommend acceptance as is. I fully agree with the recommendation, and I am delighted to accept your manuscript for publication"