Editor's note: On September 2, 2013 Nobel Laureate Ronald Coase, died at the age of 102. Coase had a profound influence on China's reform and opening-up. In 2008 he hosted an international seminar on ...

Theme of the Lecture: when can institutions not improve efficiency? When can we not improve upon market outcomes? Coase Theorem: Efficiency and Bargaining -- closely related to value maximization.

Forbes contributors publish independent expert analyses and insights. I cover the economics of the sports industry. The Coase Theorem - postulated by economist Ronald Coase in 1937 which led to a ...

Coase's most famous contribution is the Coase Theorem, which holds that the problem of externalities—that is, me taking an action that imposes a cost on you—can be fixed without government action so ...

Forbes contributors publish independent expert analyses and insights. I cover how immigration affects the economy, policy and much more. Ronald H. Coase was one of the most interesting and influential ...

The US Bank commercial above illustrates an important economic concept known as the “Coase theorem” which says that “if trade in an externality [a blocked view in this example] is possible and there ...

Planning Theory, Vol. 14, No. 1 (2015), pp. 44-69 (26 pages) AbstractThis article elucidates a novel and powerful Fourth Coase Theorem using Coase's own reasoning and extending the First Coase Theorem ...

Very few economists enjoyed decades of anonymity followed by decades of recognition. Ronald Coase is one of them. Coase’s career trajectory is a reflection of his revolutionary ideas and academic ...

This is a story about the history of economics, mischief-making, and, ultimately, political power. It concerns the economist Ronald Coase, who died on Monday at the grand old age of a hundred and two.