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An economic response to unsolicited communication
Van Alstyne, Marshall; Loder, Thede C.; Walsh, Rick - 2011
underlying problem is first-contact information asymmetry with negative externalities. Uninformed senders waste recipient …
Persistent link: https://www.econbiz.de/10010195139
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The Coase Theorem Tested in China
Schwartz, Pedro - 2020
statist theory of market defects as proclaimed by Pigou. The spectacular progress of the Chinese economy after Mao, as …
Persistent link: https://www.econbiz.de/10012822849
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Confining the Coase Theorem : Contracting, Ownership, and Free-Riding
Ellingsen, Tore - 2015
If individuals own the right to take any action that they please, and are free to contract about behavior, will outcomes be efficient in all situations? That is, does the Coase theorem hold? We study this classic question through the lens of a non-cooperative model of contract negotiations,...
Persistent link: https://www.econbiz.de/10013012163
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The Identity of the Generator in the Problem of Social Cost
Pitchford, Rohan; Snyder, Christopher M. - 2006
One of Coase's central insights is that distinguishing between the generator and recipient of an externality is of limited value because externality problems are reciprocal. We reconsider the relevance of the identity of the generator in a model with non-contractible investment ex ante but...
Persistent link: https://www.econbiz.de/10014062229
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What'd I Say? : Coase, Demsetz and the Unending Externality Debate
McChesney, Fred S. - 2004
government intervention to solve them. Externalities (or "social costs") are viewed as perhaps the greatest market failure … context of Ronald Coase's article on "The Problem of Social Cost." Coase explained that externalities manifested a more … transactions costs is not helpful in resolving questions concerning externalities. Even if transaction costs were zero …
Persistent link: https://www.econbiz.de/10014073711
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Chapter 3 Property Law
Lueck, Dean; Miceli, Thomas J. - In: Handbook of law and economics : volume 1, (pp. 183-257). 2007
This chapter examines the economics of property rights and property law. It shows how the economics of property rights can be used to understand fundamental features of property law and related extra-legal institutions. The chapter examines both the rationale for legal doctrine, and the effects...
Persistent link: https://www.econbiz.de/10014023513
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Property Rights and Externalities : The Uneasy Case of Knowledge
Ramello, Giovanni Battista - 2011
attainment of social welfare. In particular, the arguments set forth here concern three distinct externalities that arise when …
Persistent link: https://www.econbiz.de/10014186990
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Have coase - will travel : new ways to teach coase using old media
Murphy, Jon; Schuler, John; Wooten, Jadrian - In: The journal of private enterprise 35 (2020) 4, pp. 71-86
Persistent link: https://www.econbiz.de/10012605338
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What is there in common between Arab revolutions and the Coase Theorem?
Bilych, Gennady - In: Business and Economic Research : BER 3 (2013) 1, pp. 126-152
Persistent link: https://www.econbiz.de/10009779773
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Externalities, public goods, and property rights revisited : regulations based on traditional B-C analyses are too lax
Graves, Philip E. - In: Journal of environmental economics and policy 9 (2020) 2, pp. 220-226
Persistent link: https://www.econbiz.de/10012255930