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Exploiting the Coase mechanism : the extortion problem

Schlicht, Ekkehart - In: Kyklos : international review for social sciences 49 (1996) 3, pp. 319-330

Persistent link: https://www.econbiz.de/10001208869

Property Rights and Incomplete Contracts : Dealing with Nuisance

Pitchford, Rohan; Snyder, Christopher M. - 1998

A model of externalities with sequential location choice is developed. The first mover decides on location before it …

Persistent link: https://www.econbiz.de/10014077603

Property Rights and Incomplete Contracts: Dealing with Nuisance.

Pitchford, R.; Snyder, C.M. - Research School of Pacific and Asian Studies, College … - 1996

A model of externalities with sequential location choice is developed. The first mover decides on location before it …

Persistent link: https://www.econbiz.de/10005663676

Incomplete Contracts, Shared Ownership, and Investment Incentives

Schmitz, Patrick W. - 2019

Consider a partnership consisting of two symmetrically informed parties who may each own a share of an asset. It is ex post efficient that tomorrow the party with the larger valuation gets the asset. Yet, today the parties can make investments to enhance the asset's productivity. Contracts are...

Persistent link: https://www.econbiz.de/10012891755

Do Parties Negotiate After Trespass Litigation? An Empirical Study of Coasean Bargaining

Chang, Yun-chien - 2019

The allocative efficiency outcome predicted by the Coase theorem critically depends on the assumption that, barring high transaction costs, parties will bargain after litigation and mis-allocated entitlements by courts will be re-allocated through voluntary exchanges. Ward Farnsworth's 1999...

Persistent link: https://www.econbiz.de/10012903157

Relational contracting, repeated negotiations, and hold-up : conference paper

Kranz, Sebastian - 2013

relational contracts are repeatedly newly negotiated during relationships. Negotiations take place with positive probability and …

Persistent link: https://www.econbiz.de/10010336791

Can Fiscal Externalities Be Internalized?

Luttmer, Erzo F. P. - National Bureau of Economic Research - 2022

Subsidies and in-kind transfers give rise to negative fiscal externalities. However, internalizing negative fiscal … externalities through taxation would undo the subsidy or in-kind transfer that caused them. Similarly, positive fiscal externalities … cannot be internalized though government subsidies. This paper describes a mechanism that transfers fiscal externalities from …

Persistent link: https://www.econbiz.de/10013334431

Transaction costs can encourage Coasean bargaining

Robson, Alexander R. W. - In: Public choice 160 (2014) 3/4, pp. 539-549

Persistent link: https://www.econbiz.de/10010388647

How status seeking may prevent Coasean bargaining

Grolleau, Gilles; Marciano, Alain; Mzoughi, Naoufel - In: Review of law and economics : publ. in cooperation with … 14 (2018) 2, pp. 1-20

Persistent link: https://www.econbiz.de/10011929010

Environmental Justice and the Tragedy of the Commons

Stein, Gregory M. - 2022

In "The Tragedy of the Commons," Garrett Hardin argues that those who can use a resource for free consume more of it than they would if they had to pay for it. Public resources eventually collapse because people overuse them. Hardin’s widely accepted argument seems correct as far as it goes,...

Persistent link: https://www.econbiz.de/10014244432