The Law School held its annual Coase Lecture on February 10, drawing students, faculty, and other guests into a packed auditorium for a tradition that began in 1992. This year’s lecture, titled, “What ...

The Observer: Professor Coase said many times that the Coase Theorem should be understood as saying that transaction costs cannot be neglected and that the initial allocation of property rights ...

Subscribe for analysis that goes beyond the noise. I think the success of the Coase Theorem — because it’s discussed all over the place — is an interesting illustration of what’s wrong with economics ...

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 ...

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.