Showing 1 - 9 of 9
Abstract If communication involves some transactions cost to both sender and recipient, what policy ensures that correct messages -- those with positive social surplus –- get sent? Filters block messages that harm recipients but benefit senders by more than transactions costs. Taxes can block...
Persistent link: https://www.econbiz.de/10014587444
Abstract What did Coase teach about “The Social Cost Controversy” in the classroom? In 1972, an important year in the development of the economic approach to law, Coase taught “The Problem of Social Cost” and some important critiques of it, making his classroom a model of the market for...
Persistent link: https://www.econbiz.de/10014615696
Abstract The writings of Ronald Coase, along with those of Armen Alchian and Harold Demsetz, on the theory of property … Economics , 3(1),1–44) not only clarified the notion of externality but also laid the foundations for a powerful theory of … note we will briefly review our work spanning many years linking the Coase Theorem to Cooperative Game Theory and Core …
Persistent link: https://www.econbiz.de/10014615741
Abstract The Theory of Share Tenancy by Steven Cheung, first published as a PhD thesis 50 years ago, was an important …
Persistent link: https://www.econbiz.de/10014615747
Abstract Emissions trading has been established as an important instrument of pollution control in many world regions. However concerns have been raised whether or not emission-trading schemes may distort competition either on the permit market itself or on related output markets. In this paper...
Persistent link: https://www.econbiz.de/10014619292
Academic Entrepreneurship in the last three decades has risen to greater heights. There are various reasons too. Indian's education sector has been undergoing sea changes in these decades. Every state has been opening up and there has been a plethora of institutions established. In the process,...
Persistent link: https://www.econbiz.de/10012044342
theory approach, this paper examines some theoretical and methodological issues of BSC to develop a holistic perspective when …
Persistent link: https://www.econbiz.de/10012047425
The current study systematically and thoroughly reviewed the extant literature on e-service quality research to examine 1) how e-service is defined by researchers, 2) how e-service quality is defined by researchers, 3) what e-service quality scales and dimensions have been identified, 4) what...
Persistent link: https://www.econbiz.de/10012048109
Summary There is an ongoing discussion about the relationship of power and preferences: Is power reflected in what the agents can do and what they want to do, or, alternatively, are preferences and power two separate dimensions of determining the outcome of decisionmaking? In the latter case...
Persistent link: https://www.econbiz.de/10014609038