The Nobel Laureate Ronald H. Coase has occupied a central place in the law and economics approach to the analysis of institutions. Many Coasean topics have been discussed and debated over almost a century. Yet, ‘deconstructing’ Professor Coase’s contributions leaves a legacy of further refining the economic meaning of property rights, the predictive role of transaction costs for institutional dynamics, and the nature of governance in the modern firm.
Exploring Coases' World: An introduction / Nicita, Antonio; Rizzolli, M.; Smith, H.. - In: INTERNATIONAL REVIEW OF ECONOMICS. - ISSN 1863-4613. - STAMPA. - 59:(2012), pp. 111-120. [10.1007/s12232-012-0163-z]
Exploring Coases' World: An introduction
NICITA, ANTONIO;
2012
Abstract
The Nobel Laureate Ronald H. Coase has occupied a central place in the law and economics approach to the analysis of institutions. Many Coasean topics have been discussed and debated over almost a century. Yet, ‘deconstructing’ Professor Coase’s contributions leaves a legacy of further refining the economic meaning of property rights, the predictive role of transaction costs for institutional dynamics, and the nature of governance in the modern firm.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.