Similar Search Results

Experimental tests of core theory and the Coase theorem : inefficiency and cycling

Aivazian, Varouj A.; Callen, Jeffrey L.; McCracken, Susan - In: The journal of law & economics 52 (2009) 4, pp. 745-759

Persistent link: https://www.econbiz.de/10010216796

Checkerboards and Coase : Transactions Costs and Efficiency in Land Markets

Akee, Randall - 2021

The Coase theorem emphasizes the role transactions costs play in efficient market outcomes. We document inefficient outcomes, in the presence of a transactions cost, in southern California land markets and the corresponding transition to efficient outcomes after the transactions cost is...

Persistent link: https://www.econbiz.de/10013317335

Why Not a Political Coase Theorem? Social Conflict, Commitment and Politics

Acemoglu, Daron - 2002

extending the Coase Theorem to politics? Do societies choose inefficient policies and institutions because of differences in the … beliefs and ideologies of their peoples or leaders? Or are inefficiencies in politics and economics the outcome of social and … expense of the society at large. At the center of the theoretical case are the commitment problems inherent in politics …

Persistent link: https://www.econbiz.de/10012469326

On a fallacy in the coase theorem and the theorem of transaction costs substitution

Cheung, Steven Ng-sheong - In: Man and the economy 7 (2020) 2, pp. 1-11

Persistent link: https://www.econbiz.de/10012405993

A Coasian model of international production chains

Fally, Thibault; Hillberry, Russell - California Agricultural Experiment Station / Department … - 2017

Persistent link: https://www.econbiz.de/10011722393

No institution is a free lunch : a reconstruction of Ronald Coase

Pagano, Ugo - 2012

Persistent link: https://www.econbiz.de/10011857439

Coase and transaction costs reconsidered : the case of the English lighthouse system

Candela, Rosolino A.; Geloso, Vincent - In: European journal of law and economics 48 (2019) 3, pp. 331-349

Persistent link: https://www.econbiz.de/10012489177

A coasian model of international production chains

Fally, Thibault; Hillberry, Russell - 2018

Persistent link: https://www.econbiz.de/10011974080

Transaktionskosten, Wirtschaftssystem und Unternehmertum

Wegehenkel, Lothar - 1980

Persistent link: https://www.econbiz.de/10004756104

Law, Transaction Costs and Coase’s Institutions. A Reappraisal

Vatiero, Massimiliano - 2019

The main contribution of Coase1 is having proven that no institution is a free lunch (among others, Pagano, 2012). it means that every institution (e.g. the market and the firm) has non-null costs of functioning, i.e. transaction costs. in a world with positive transaction costs, the...

Persistent link: https://www.econbiz.de/10012863007