OtherDOI
The Coase Theorem
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The article was published on 2013-01-31. It has received 72 citations till now. The article focuses on the topics: Coase theorem & Comparative law.read more
Citations
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Journal ArticleDOI
Buy Coal! A Case for Supply-Side Environmental Policy
TL;DR: In this article, the authors show that if the countries can trade the rights to exploit fossil-fuel deposits, the above problems vanish and the first-best policy is implemented, as soon as the market clears.
Journal ArticleDOI
Addressing Global Environmental Externalities: Transaction Costs Considerations
TL;DR: In this article, the authors examined the role of transaction costs in the establishment and allocation of property rights to provide globally valued national parks, implement the Convention on the International Trade in Endangered Species of Wild Fauna and Flora, execute the Montreal Protocol to manage emissions that damage the stratospheric ozone layer, set limits on harvest of highly-migratory ocean fish stocks, and control greenhouse gas emissions.
DissertationDOI
The transaction costs of semi-public institutions : railway history as a challenge for coase
TL;DR: In the social sciences, there are two things one can do with a theory and the aspect of reality it is meant to explain: one can use the theory to improve reality and the other can use reality to improve the theory as discussed by the authors.
Journal ArticleDOI
Appropriation, violent enforcement, and transaction costs: a critical survey
TL;DR: In this article, the authors focus on the extension of transaction costs to appropriative activity and coercive power in the property rights approach, and argue that the assumption of an efficient political market is not valid, and that the political Coase theorem lacks the logical consistency to provide a cornerstone for political theory.
Journal ArticleDOI
The Coase theorem: coherent, logical, and not disproved
TL;DR: In this article, the authors examine two attacks that have been made by Halpin and Usher and argue that both, in failing to either use or understand an adequate definition of transaction costs, fail to deliver a fatal blow to Coase's famous idea.
References
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Journal ArticleDOI
Buy Coal! A Case for Supply-Side Environmental Policy
TL;DR: In this article, the authors show that if the countries can trade the rights to exploit fossil-fuel deposits, the above problems vanish and the first-best policy is implemented, as soon as the market clears.
Journal ArticleDOI
Addressing Global Environmental Externalities: Transaction Costs Considerations
TL;DR: In this article, the authors examined the role of transaction costs in the establishment and allocation of property rights to provide globally valued national parks, implement the Convention on the International Trade in Endangered Species of Wild Fauna and Flora, execute the Montreal Protocol to manage emissions that damage the stratospheric ozone layer, set limits on harvest of highly-migratory ocean fish stocks, and control greenhouse gas emissions.
DissertationDOI
The transaction costs of semi-public institutions : railway history as a challenge for coase
TL;DR: In the social sciences, there are two things one can do with a theory and the aspect of reality it is meant to explain: one can use the theory to improve reality and the other can use reality to improve the theory as discussed by the authors.
Journal ArticleDOI
Appropriation, violent enforcement, and transaction costs: a critical survey
TL;DR: In this article, the authors focus on the extension of transaction costs to appropriative activity and coercive power in the property rights approach, and argue that the assumption of an efficient political market is not valid, and that the political Coase theorem lacks the logical consistency to provide a cornerstone for political theory.
Journal ArticleDOI
The Coase theorem: coherent, logical, and not disproved
TL;DR: In this article, the authors examine two attacks that have been made by Halpin and Usher and argue that both, in failing to either use or understand an adequate definition of transaction costs, fail to deliver a fatal blow to Coase's famous idea.