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What do cattle and bees tell us about the Coase theorem?

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  • Elodie Bertrand

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    File URL: http://hdl.handle.net/10.1007/s10657-010-9195-6
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    Article provided by Springer in its journal European Journal of Law and Economics.

    Volume (Year): 31 (2011)
    Issue (Month): 1 (February)
    Pages: 39-62

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    Handle: RePEc:kap:ejlwec:v:31:y:2011:i:1:p:39-62

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    Web page: http://www.springerlink.com/link.asp?id=100264

    Related research

    Keywords: Coase theorem; Externalities; Social norms; Nuisance; Market; D62; K00; Q19; Z13;

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    1. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-76, October.
    2. Peters, H Elizabeth, 1986. "Marriage and Divorce: Informational Constraints and Private Contracting," American Economic Review, American Economic Association, vol. 76(3), pages 437-54, June.
    3. Muth, Mary K & et al, 2003. "The Fable of the Bees Revisited: Causes and Consequences of the U.S. Honey Program," Journal of Law and Economics, University of Chicago Press, vol. 46(2), pages 479-516, October.
    4. Ronald Coase, 2006. "The Conduct of Economics: The Example of Fisher Body and General Motors," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(2), pages 255-278, 06.
    5. Elodie Bertrand, 2009. "Empirical investigations and their normative interpretations: A reply to Barnett and Block," Public Choice, Springer, vol. 140(1), pages 15-20, July.
    6. Bernstein, Lisa, 1992. "Opting Out of the Legal System: Extralegal Contractual Relations in the Diamond Industry," The Journal of Legal Studies, University of Chicago Press, vol. 21(1), pages 115-57, January.
    7. Coase, Ronald, 1998. "The New Institutional Economics," American Economic Review, American Economic Association, vol. 88(2), pages 72-74, May.
    8. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Cambridge Journal of Economics, Oxford University Press, vol. 30(3), pages 389-402, May.
    9. Kantor, Shawn E. & Kousser, Morgan J., 1989. "Common Sense or Commonwealth? The Fence Law and Institutional Change in the Postbellum South," Working Papers 703, California Institute of Technology, Division of the Humanities and Social Sciences.
    10. Coase, R H, 1996. "Law and Economics and A. W. Brian Simpson," The Journal of Legal Studies, University of Chicago Press, vol. 25(1), pages 103-19, January.
    11. Gould, J R, 1973. "Meade on External Economies: Should the Beneficiaries Be Taxed?," Journal of Law and Economics, University of Chicago Press, vol. 16(1), pages 53-66, April.
    12. Dahlman, Carl J, 1979. "The Problem of Externality," Journal of Law and Economics, University of Chicago Press, vol. 22(1), pages 141-62, April.
    13. Williamson, Oliver E, 1983. "Credible Commitments: Using Hostages to Support Exchange," American Economic Review, American Economic Association, vol. 73(4), pages 519-40, September.
    14. Cheung, Steven N S, 1970. "The Structure of a Contract and the Theory of a Non-exclusive Resource," Journal of Law and Economics, University of Chicago Press, vol. 13(1), pages 49-70, April.
    15. Nick Hanley & Charles Sumner, 1994. "Bargaining Over Common Property Resources: Applying the Coase Theorem to Red Deer in the Scottish Highlands," Working Papers Series 94/2, University of Stirling, Division of Economics.
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