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Coase and Bertrand on lighthouses

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  • Walter Block & William Barnett, 2009. "Coase and Bertrand on lighthouses," Public Choice, Springer, vol. 140(1), pages 1-13, July.
    • Handle: RePEc:kap:pubcho:v:140:y:2009:i:1:p:1-13
    DOI: 10.1007/s11127-008-9375-x
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    1. Edward P. Stringham & Nicholas A. Snow, 2008. "The broken trailer fallacy," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(7), pages 480-489, June.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Cordato, Roy E., 1992. "Knowledge Problems and the Problem of Social Cost," Journal of the History of Economic Thought, Cambridge University Press, vol. 14(2), pages 209-224, October.
    4. Vedran Vuk, 2008. "Taking advantage of disaster: misrepresentation of housing shortage for political gain," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(8), pages 603-614, July.
    5. William Barnett & Walter Block, 2007. "Coase and Van Zandt on Lighthouses," Public Finance Review, , vol. 35(6), pages 710-733, November.
    6. Stringham, Edward & Snow, Nicholas, 2008. "The broken trailer fallacy: seeing the unseen effects of government policies in post-Katrina New Orleans," MPRA Paper 26099, University Library of Munich, Germany.
    7. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-376, October.
    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. Block, Walter, 1995. "Ethics, Efficiency, Coasian Property Rights, and Psychic Income: A Reply," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 8(2), pages 61-125.
    10. Jennifer Dirmeyer, 2008. "The futile fight against (human) nature," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(8), pages 627-638, July.
    11. Krecke Elisabeth, 1996. "Law and the Market Order. An Austrian Critique of the Economic Analysis of Law," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 7(1), pages 1-21, March.
    12. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Post-Print hal-03507599, HAL.
    13. W A V Clark & F Schultz & P J Taylor, 1997. "Commentaries," Environment and Planning A, , vol. 29(5), pages 762-770, May.
    14. Peter T. Leeson, 2007. "An-arrgh-chy: The Law and Economics of Pirate Organization," Journal of Political Economy, University of Chicago Press, vol. 115(6), pages 1049-1094, December.
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    Cited by:

    1. Edward Stringham, 2014. "Extending the Analysis of Spontaneous Market Order to Governance," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(2), pages 171-180, June.
    2. Daniel D’Amico, 2010. "The prison in economics: private and public incarceration in Ancient Greece," Public Choice, Springer, vol. 145(3), pages 461-482, December.
    3. Rosolino A. Candela & Vincent J. Geloso, 2020. "The Lighthouse Debate and the Dynamics of Interventionism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(3), pages 289-314, September.
    4. Walter E. Block, 2017. "Radical Privatization: Oceans, Roads,Heavenly Bodies," Romanian Economic Business Review, Romanian-American University, vol. 12(2), pages 41-56, June.
    5. Walter E. Block, 2014. "Justifying a Stateless Legal Order: A Critique of Rand and Epstein," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 29(Spring 20), pages 21-49.
    6. Block Walter E. & Barnett William, 2020. "Newly Discovered Gold Does Not Distort the Economy; It Is Not A Market Failure," Review of Economic Perspectives, Sciendo, vol. 20(3), pages 281-288, September.
    7. Walter Block & Ivan Jankovic, 2016. "Tragedy of the Partnership: A Critique of Elinor Ostrom," American Journal of Economics and Sociology, Wiley Blackwell, vol. 75(2), pages 289-318, March.
    8. Dan Bogart & Oliver Buxton Dunn & Eduard J. Alvarez‐Palau & Leigh Shaw‐Taylor, 2022. "Organizations and efficiency in public services: The case of English lighthouses revisited," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 975-994, April.
    9. Jordan Reel & Walter E. Block, 2013. "Educational Vouchers: Freedom to Choose?," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 7(4), December.
    10. Candela, Rosolino A. & Geloso, Vincent, 2019. "Why consider the lighthouse a public good?," International Review of Law and Economics, Elsevier, vol. 60(C).
    11. Mark Koyama, 2014. "The law & economics of private prosecutions in industrial revolution England," Public Choice, Springer, vol. 159(1), pages 277-298, April.
    12. Laurent Carnis, 2013. "The provision of lighthouses services: a political economy perspective," Public Choice, Springer, vol. 157(1), pages 51-56, October.
    13. Jakub Bożydar Wiśniewski, 2014. "Defense As A Private Good In A Competitive Order," Review of Social and Economic Issues, Romanian-American University, vol. 1(1), pages 3-35, July.
    14. Rosolino A. Candela & Vincent J. Geloso, 2018. "The lightship in economics," Public Choice, Springer, vol. 176(3), pages 479-506, September.
    15. Rosolino A. Candela & Vincent Geloso, 2019. "Coase and transaction costs reconsidered: the case of the English lighthouse system," European Journal of Law and Economics, Springer, vol. 48(3), pages 331-349, December.
    16. Martín Krause, 2015. "Buoys and Beacons in Economics," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 30(Spring 20), pages 45-59.
    17. Callais, Justin T & Geloso, Vincent, 2023. "The political economy of lighthouses in antebellum America," European Economic Review, Elsevier, vol. 154(C).
    18. Gage Counts & Walter E Block, 2016. "Fracking: A creature of government?," Energy & Environment, , vol. 27(8), pages 933-941, December.

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    More about this item

    Keywords

    Lighthouse; Market failure; Public goods; Coase; Bertrand; H41;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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