The importance of being misunderstood: the Coase theorem and the legacy of ‘The Problem of Social Cost’

Autor: Steven G. Medema
Rok vydání: 2013
Předmět:
Zdroj: Journal of Natural Resources Policy Research. 5:249-253
ISSN: 1939-0467
1939-0459
Popis: The publication of Ronald Coase’s article, ‘The Problem of Social Cost’ (1960), led to a fundamental rethinking of the economic theory of externalities and of market failure generally. While this a...
Databáze: OpenAIRE