|
Related articles:
Ronald Coase
Externality
Key terms: coase wall economic exist legal owner efficient damage initial parties coase theorem externality firm bargaining allocation criticism transaction costs outcome wall will liability victim wealth institutions equivalence property rights cattle taxation resource considers teorema landowners overview tort law frequencies damage equals corrective regardless discussion invariance contractual there are no ronald coase contract law united states while the cost if a cause of action law and economics initial allocation equivalence version aside from transaction costs Search external links cited by footnotes on Wikipedia page Coase theorem: |
|