Coase

Some articles on coase:

Chicago School (economics) - Scholars - Ronald Coase
... Ronald Coase (b ... Coase used the example of an 1879 London legal case about nuisance named Sturges v Bridgman, in which a noisy sweetmaker and a quiet doctor were neighbours the ... Coase said that regardless of whether the judge ruled that the sweetmaker had to stop using his machinery, or that the doctor had to put up with it, they ...
Criticism Of Democracy - Political Criticisms - Political Coase Theorem
... Some have tried to argue that the Coase Theorem applies to political markets as well ... evidence to the contrary, claiming that the Coase Theorem is only valid while there are "rules of the game," so to speak, that are being enforced by the government ...
Entrepreneurial Economics - Coase
... Coase believes economics has become a "theory-driven" subject that has moved into a paradigm in which conclusions take precedence over problems ...
The Problem Of Social Cost - Summary
... Coase argued that if we lived in a world without transaction costs, people would bargain with one another to produce the most efficient distribution of resources ... This is superior to allocation through litigation (Coase 1960) ... Coase used the example of a nuisance case named Sturges v Bridgman, where a noisy sweetmaker and a quiet doctor were neighbours and went to court to see who should have to ...
Carbon Emission Trading - Economics - Coase
... Coase (1960) (referred to by Toth et al. ... Coase's model assumes perfectly operating markets and equal bargaining power among those arguing for property rights ... In Coase's model, efficiency, i.e ...