Title of article
The Coase theorem is tautological, incoherent or wrong
Author/Authors
Dan Usher، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1998
Pages
9
From page
3
To page
11
Abstract
The Coase theorem is commonly understood to mean that costless bargaining ensures efficiency in the economy for any assignment of property rights. The standard demonstration of the theorem suggests that costless bargaining ensures efficiency without an assignment of property rights.
Keywords
property , pricing , Bargaining and Coase
Journal title
Economics Letters
Serial Year
1998
Journal title
Economics Letters
Record number
434635
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