This two-volume collection provides an overview of essential works for understanding one of the most important contributions to the field of law and economics: the Coase Theorem. A variety of prominent scholars contribute crucial essays, each exploring different aspects of Coase’s work. Volume I explores the origins, restatements and extensions of Coase’s Theorem and contains subsections on sources, positive restatements, normative corollaries, ‘Coaseanism’, and Coase’s intellectual legacy. Volume II considers criticisms and applications of the Coase Theorem covering surveys and applications, Coasean Bargaining, Coase and the Constitution, political markets, liability, critiques, and experimental testing of the Theorem. Along with a new and original introduction, the diverse array of authors and topics makes this compendium an indispensable tool to study one of the most cited economic theories of the 20th century.
| ISBN: | 9780857937919 |
| Publication date: | 28th February 2013 |
| Author: | Richard A Posner |
| Publisher: | Edward Elgar Publishing Ltd |
| Format: | Hardback |
| Pagination: | 1296 pages |
| Series: | Economic Approaches to Law series |
| Genres: |
Economic history Economic theory and philosophy |