... of Economic Thought 3.2 : 275 -95. Aslanbeigui , N. 1999 . Arthur Cecil Pigou. London: Macmillan. Forthcoming. Barreto , Humberto . 1995 . Pigou, Coase, and Efficiency Applied to Pennsylvania Coal Mining Law . Working paper, Wabash College, Department of Economics, Ind. Baumol...

...Elodie Bertrand One of Ronald Coase's insights was to extend the economic theory of choice to include the policy choice among institutional arrangements, which had to be analyzed with the same framework as the producer's choice. Both choices, he argued, are amenable to an opportunity-cost approach...

...Ronald H. Coase The Law School, University of Chicago, 1111 East 60th St., Chicago IL 60637. Copyright © 1984 by Duke University Press 1984 History of Political Economy I6:4 0 1984 by Duke University Press...

...Megan Stevens; Alun Stevens Professor Ronald H. Coase included his essays on Alfred Marshall in his book, Essays on Economics and Economists . Because of Coase’s standing as a Nobel laureate and professor of economics at the University of Chicago, these essays have been relied on by scholars...

...Stephen Littlechild Ronald Coase posed the question, Did Alfred Marshall know where he was born? Coase conjectured that Marshall's changing place of birth as reported in the 1881 and 1891 censuses was due to his vagueness in giving information about it to his wife. This article examines...

...Steven G. Medema The notion of a Pigovian tradition in externality theory, against which Ronald Coase and others reacted beginning in the 1960s, has a long history. This article, though, suggests that the literature of economics evidences no such tradition, and that the discussion of externalities...

..., recent work within law and economics has generated results that call into question certain fundamental features of the analy­ sis and perhaps, by extension, economic imperialism generally. In what follows, we shall be particularly concerned with the Coase Theorem, 1. Since the present...

... and economics generated from Chicago: from the work of Aaron Director . . . from the achievements of Ronald H. Coase; from the work of Richard A. Posner, and from many others (2). Director, Coase, and Posner occupy forty-seven pages of this hundred-page book. The many others from Chicago only receive...

... . Some Thoughts on Risk Distribution and the Law of Torts. Yale Law Journal 70 ( March ): 499 -553. Clark , John Bates 1894 . The Modern Appeal to Legal Forces in Economic Life. American Economic Association Publications 9 . Coase , Ronald H 1959 . The Federal Communications...

...Laurence S. Moss By Warren J. Samuels. Cheltenham, U.K.: Edward Elgar, 2002. 199 pp.$80.00. 2003 Coase, Ronald. 1960 . The Problem of Social Cost. Journal of Law and Economics 3 (October): 1 -44. Pigou, A. C. [1920] 1950 . The Economics of Welfare . London: Macmillan...

... was a replication of this Platonist ideal defined as natural law. This perspective is also congenial to Pigouvian welfare theory, which was used as the reference base by Ronald Coase in his article “The Problem of Social Cost” (1960). This article was the “eye of the storm” of controversy...

...: Centre for Policy Studies. Coase , R. H. 1939 . Rowland Hill and the penny post. Economica 6 ( November ): 423 -35. Coase , R. H. . 1961 . The British Post Office and the messenger companies. Journal of Law and Economics 4 : 12 -65. Daunton , M. J. 1985 . Royal mail...

... . 2000 . “ The History of the Concept of Transaction Costs: Neglected Aspects .” Journal of the History of Economic Thought 22 , no. 2 : 191 – 216 . Medema Steven G. 2020 . “ The Coase Theorem at Sixty .” Journal of Economic Literature 58 , no. 4 : 1045 – 1128 . Mercuro...

... of Welfare Maximization.” American Economic Review 47 : 22 – 59 . ———. 1958 . “The Anatomy of Market Failure.” Quarterly Journal of Economics 72 : 351 – 79 . Bertrand E. 2010 . “The Three Roles of the Coase Theorem in Coase's Works.” European Journal of the History of Economic...

... Reviews 793 Coase rode the libertarian free-market wagon and beat dust around the intervention- ist economics of Marshall and later Pigou. Now, it is a matter of historical record that Coase did not reach such a conclu- sion. According to Coase, only if transaction costs were zero...

... . An Optimal Program for Managing Common Property Resources with Congestion Externalities. Journal of Political Economy 82.1 : 163 –73. Clark, Colin W. [1976] 1990 . Mathematical Bioeconomics: The Optimal Management of Renewable Resources . 2nd ed. New York: Wiley and Sons. Coase, R. H. 1937...

... the development of economics as a social science with a high degree of analytical rigor, it has at the same time produced an inadequate model of the economic process by obscuring the nature and role of the business firm. In a now classic article published in 1937, Ronald Coase first pointed out...

... of Constitutional Economics. Constitutional Political Economy 1.1 : 1 -18. Buchanan, J. M., and G. Tullock. 1962 . The Calculus of Consent: Logical Foundations of Constitutional Democracy . Ann Arbor: University of Michigan Press. Coase, A. C. 1997 . The Wealth of Nations. Economic Inquiry 15.3...

... .” In Van Horn, Mirowski, and Stapleford 2011 , 301 – 34 . Coase Ronald H. 1998 . “ Aaron Director .” In The New Palgrave Dictionary of Economics and the Law , edited by Newman Peter , 138 – 42 . New York : Stockton Press . Coats A. W. 1982 . “ The Distinctive LSE Ethos...

..., Thorstein Veblen, Robert Lee Hale, John R. Commons, John Maurice Clark, Edwin Witte, Isaiah Berlin, Ser- gius Bulgakov, Gardiner Means, John Maynard Keynes, John R. Hicks, Daniel Ellsberg, Kenneth Boulding, and Ronald Coase. Reflecting his view that the history of economics is very much a story...