Jacobsen, Lowell R.; Loasby, Brian J. - In: Managerial and Decision Economics 36 (2015) 1, pp. 6-15
The emergence and delayed influence of Coase's ideas demonstrate the role of unpredictability and path dependence in the creation of knowledge and the recognition of its implications. Coase's approach to the operation of firms and markets was not readily accommodated in a theoretical vision of...