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The paper attempts to estimate expropriation risks for shareholders in the Russian economy. On the basis of the survey of nearly 1000 manufacturing firms which was conducted in 2009 a series of special "ownership insecurity indices" is constructed and their variation by types of risks and firms...
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The paper provides a critique of a new attack against the Coase theorem opened by A. Oleynik. Under close examination his attempts to repudiate the Coase theorem turn out to be theoretically invalid. Special discussion is devoted to the normative ideas of R. H. Coase.
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