Political coase theorem
F Parisi - Public Choice, 2003 - Springer
Abstract This article considers theapplicability of the Coase theorem (in bothits positive and
normative formulations) tothe political market. The articleanalogizes the choice of decision
rules inthe political market to the choice of legalrules in the traditional Coase theorem ...
normative formulations) tothe political market. The articleanalogizes the choice of decision
rules inthe political market to the choice of legalrules in the traditional Coase theorem ...
Cited by 207 Related articles All 30 versions Cite SaveSaving...Error saving. Try again? More EBSCOhost Full Text Fewer
Experimental tests of the endowment effect and the Coase theorem
D Kahneman, JL Knetsch, RH Thaler - Journal of political Economy, 1990 - JSTOR
Contrary to theoretical expectations, measures of willingness to accept greatly exceed
measures of willingness to pay. This paper reports several experiments that demonstrate
that this" endowment effect" persists even in market settings with opportunities to learn. ...
measures of willingness to pay. This paper reports several experiments that demonstrate
that this" endowment effect" persists even in market settings with opportunities to learn. ...
Cited by 3520 Related articles All 42 versions Cite SaveSaving...Error saving. Try again? More Fewer
Information and the Coase theorem
J Farrell - The Journal of Economic Perspectives, 1987 - JSTOR
Joseph Farrell very economist kept awake by noisy neighbors must have relieved the tedium
of counting sheep by pondering the social institutions that make this kind of thing happen. A
classical answer is that Pareto-efficiency normally requires competitive markets, and since ...
of counting sheep by pondering the social institutions that make this kind of thing happen. A
classical answer is that Pareto-efficiency normally requires competitive markets, and since ...
Cited by 461 Related articles All 17 versions Cite SaveSaving...Error saving. Try again? More EBSCOhost Full Text Fewer
Why not a political Coase theorem? Social conflict, commitment, and politics
D Acemoglu - Journal of comparative economics, 2003 - Elsevier
Do societies choose inefficient policies and institutions? An extension of the Coase theorem
to politics would suggest the answer is no. This paper discusses various approaches to
political economy and develops the argument that there are strong empirical and ...
to politics would suggest the answer is no. This paper discusses various approaches to
political economy and develops the argument that there are strong empirical and ...
Cited by 777 Related articles All 26 versions Cite SaveSaving...Error saving. Try again? More EBSCOhost Full Text Fewer
The Coase theorem and the empty core: a comment
RH Coase - The Journal of Law & Economics, 1981 - JSTOR
I would not presume to discuss the value of the theory of the core for economic analysis.
What I will do is to explain why study of the example which Professors Aivazian and Callen
use as the basis of their argument'has not led me to modify my views.
What I will do is to explain why study of the example which Professors Aivazian and Callen
use as the basis of their argument'has not led me to modify my views.
The Coase theorem: Some experimental tests
E Hoffman, ML Spitzer - The Journal of Law & Economics, 1982 - JSTOR
IN The Problem of Social Cost, 1 Ronald Coase investigated the economic effects of liability
rules for externalities when the affected parties can bargain with each other. More
specifically, Coase posited that a change in a liability rule will leave the agents' production ...
rules for externalities when the affected parties can bargain with each other. More
specifically, Coase posited that a change in a liability rule will leave the agents' production ...
Consumption theory, production theory, and ideology in the Coase theorem
M Kelman - S. Cal. L. Rev., 1978 - HeinOnline
The Coase Theorem'is the most significant legal-economic proposition to gain currency
since the early utilitarians identified the maximization of individual satisfaction with
consumer freedom from conscious state regulation. 2 The Theorem is simple in structure, ...
since the early utilitarians identified the maximization of individual satisfaction with
consumer freedom from conscious state regulation. 2 The Theorem is simple in structure, ...
[BOOK][B] Coase Theorem
SG Medema - 1999 - Wiley Online Library
Abstract The Coase theorem evolved from Ronald Coase's classic 1960 article,βThe
Problem of Social Cost,β and is one of the most controversial propositions in modern
economics, with an impact stretching across economics, law, and sundry other fields. This ...
Problem of Social Cost,β and is one of the most controversial propositions in modern
economics, with an impact stretching across economics, law, and sundry other fields. This ...
Cited by 151 Related articles All 11 versions Cite SaveSaving...Error saving. Try again? More EBSCOhost Full Text Fewer
Coase theorem
RD Cooter - The World of Economics, 1991 - Springer
Abstract Anyone who has taught the Coase Theorem to fresh minds has experienced first
hand the wonder and admiration which it inspires, yet Coase never wrote it down, and, when
others try, it probably turns out to be false or a tautology. The proposition, or propositions, ...
hand the wonder and admiration which it inspires, yet Coase never wrote it down, and, when
others try, it probably turns out to be false or a tautology. The proposition, or propositions, ...
Cited by 179 Related articles All 2 versions Cite SaveSaving...Error saving. Try again? More EBSCOhost Full Text Fewer
The Coase Theorem
N Hashem - Yale Economic Review, 2010 - search.proquest.com
Abstract Ronald Coase, an economist at the University of Chicago, proposed a
groundbreaking yet highly counterintuitive idea in a 1960 paper that is now known as the"
Coast Theorem." The theorem presented a radical idea: it said that if initial property rights ...
groundbreaking yet highly counterintuitive idea in a 1960 paper that is now known as the"
Coast Theorem." The theorem presented a radical idea: it said that if initial property rights ...