The Coase theorem is tautological, incoherent or wrong

被引：33

作者：

Usher, D ^{[1
]}

机构：

[1] Queens Univ, Dept Econ, Kingston, ON K7L 3N6, Canada

来源：

ECONOMICS LETTERS | 1998年 / 61卷 / 01期

关键词：

property; pricing; bargaining and coase;

D O I：

10.1016/S0165-1765(98)00101-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The Cease theorem is commonly understood to mean that costless bargaining ensures efficiency in the economy for any assignment of property rights. The standard demonstration of the theorem suggests that costless bargaining ensures efficiency without an assignment of property rights. (C) 1998 Elsevier Science S.A. All rights reserved.

引用

页码：3 / 11

页数：9