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Tag Archives: Coaseian
Is it Coasean, Coasian, or Coaseian? And does it matter in the absence of transaction costs?
Ronald Coase had an enormous impact on law and economics. Most law students encounter his work through the "Coase Theorem" from The Problem of Social Cost. This theorem holds that in the absence of transaction costs parties will bargain to … Continue reading
Posted in Business law
Tagged absence, Coasean, Coaseian, Coasian, costs, Matter, Transaction
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