Coase Theorem: What It Means in Economics and Law, With Examples

The Coase Theorem asserts that in competitive markets with no transactions costs, an efficient decision will be selected on property rights.

PDF) Zerbe, Richard O. and Steven Medema (2000). “The Coase Theorem,” in Bouckaert and DeGeest (eds.), The Encyclopedia of Law and Economics. Aldershot: Edward Elgar Publishing, Inc., vol. 1, pp. 836-892 (peer reviewed).

6. Absence of Property Rights The Coase Theorem Ronald Coase ( ), Nobel Laureate, Ronald H. Coase: On Economics - ppt download

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PDF) The Fourth Coase Theorem: State planning rules and spontaneity in action

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