Coase and Bertrand on Lighthouses

Coase (Journal of Low and Economics 17(2):185-213, 1974) failed to appreciate that the construction and maintenance of nineteenth-century lighthouses were in part financed by British taxpayers. Bertrand (Cambridge Journal of Economics 30:389-402, 2006) rightly calls him to account. While agreeing with Bertrand’s conclusion, we dispute her reasoning and argue that lighthouses nevertheless could have been supplied by the private sector

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Year of publication:	2011
Authors:	Block, Walter E. ; Barnett, William
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Coase-Theorem \| Coase theorem \| Duopol \| Duopoly \| Preiswettbewerb \| Price competition

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Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Public Choice, Vol. 140, pp. 1-13, 2009 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 6, 2011 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014180389