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Property rights, contracts, cyclical social preferences and the Coase theorem: A synthesis

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  • Bernholz, Peter

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  • Bernholz, Peter, 1997. "Property rights, contracts, cyclical social preferences and the Coase theorem: A synthesis," European Journal of Political Economy, Elsevier, vol. 13(3), pages 419-442, September.
    • Handle: RePEc:eee:poleco:v:13:y:1997:i:3:p:419-442
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    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Peter Bernholz, 1974. "Logrolling, Arrow‐Paradox And Decision Rules ‐A Generalization ," Kyklos, Wiley Blackwell, vol. 27(1), pages 49-62, January.
    3. Bailey, Martin J, 1979. "The Possibility of Rational Social Choice in an Economy," Journal of Political Economy, University of Chicago Press, vol. 87(1), pages 37-56, February.
    4. Aivazian, Varouj A & Callen, Jeffrey L, 1981. "The Coase Theorem and the Empty Core," Journal of Law and Economics, University of Chicago Press, vol. 24(1), pages 175-181, April.
    5. Thomas Schwartz, 1981. "The universal-instability theorem," Public Choice, Springer, vol. 37(3), pages 487-501, January.
    6. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    7. Peter Bernholz, 1986. "A general constitutional possibility theorem," Public Choice, Springer, vol. 51(3), pages 249-265, January.
    8. Sen, Amartya Kumar, 1970. "The Impossibility of a Paretian Liberal," Scholarly Articles 3612779, Harvard University Department of Economics.
    9. Sen, Amartya, 1970. "The Impossibility of a Paretian Liberal," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 152-157, Jan.-Feb..
    10. James M. Buchanan, 1962. "Politics, Policy, and the Pigovian Margins," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 10, pages 204-218, Palgrave Macmillan.
    11. Williamson, Oliver E, 1981. "The Modern Corporation: Origins, Evolution, Attributes," Journal of Economic Literature, American Economic Association, vol. 19(4), pages 1537-1568, December.
    12. Peter Bernholz, 1978. "On the stability of logrolling outcomes in stochastic games," Public Choice, Springer, vol. 33(3), pages 65-82, January.
    13. Peter Bernholz, 1982. "Externalities as a Necessary Condition for Cyclical Social Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(4), pages 699-705.
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    Cited by:

    1. Stéphane Gonzalez & Alain Marciano, 2017. "De nouveaux éclairages sur le théorème de Coase et la vacuité du cœur," Revue d'économie politique, Dalloz, vol. 127(4), pages 579-600.
    2. E. Guzzini & A. Palestrini, 2012. "Coase theorem and exchangeable rights in non-cooperative games," European Journal of Law and Economics, Springer, vol. 33(1), pages 83-100, February.
    3. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    4. Enrico Guzzini & Antonio Palestrini, 2009. "The empty core in the Coase theorem: a critical assessment," Economics Bulletin, AccessEcon, vol. 29(4), pages 3095-3103.
    5. Alex Robson, 2014. "Transaction costs can encourage Coasean bargaining," Public Choice, Springer, vol. 160(3), pages 539-549, September.
    6. Crettez Bertrand, 2020. "The Coase Theorem, the Nonempty Core, and the Legal Neutrality Principle," Review of Law & Economics, De Gruyter, vol. 16(1), pages 1-16, March.
    7. Arye L. Hillman & Heinrich W. Ursprung, 2021. "Investigation in search of truth," Public Choice, Springer, vol. 186(3), pages 223-228, March.
    8. Luigi Marengo & Corrado Pasquali, 2010. "How to get what you want when you do not know what you want. A model of incentives, organizational structure and learning," LEM Papers Series 2010/08, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    9. Piacquadio Paolo G. & Di Bartolomeo Giovanni & Acocella Nicola, 2009. "A simple framework for investigating the properties of policy games," wp.comunite 0059, Department of Communication, University of Teramo.
    10. Varouj A. Aivazian & Jeffrey L. Callen & Susan McCracken, 2009. "Experimental Tests of Core Theory and the Coase Theorem: Inefficiency and Cycling," Journal of Law and Economics, University of Chicago Press, vol. 52(4), pages 745-759, November.
    11. Peter Bernholz, 2012. "From The Calculus of Consent to extended logrolling, negative externalities, and the Coase theorem," Public Choice, Springer, vol. 152(3), pages 265-271, September.
    12. Pan, Yuling & Dong, Feng, 2022. "Design of energy use rights trading policy from the perspective of energy vulnerability," Energy Policy, Elsevier, vol. 160(C).
    13. Aivazian Varouj A. & Callen Jeffrey L., 2017. "The Coase Theorem and Core Theory," Man and the Economy, De Gruyter, vol. 4(2), pages 1-5, December.
    14. Aivazian, Varouj A. & Callen, Jeffrey L., 2023. "The Coase Theorem and the empty core: Inspecting the entrails after four decades," International Review of Law and Economics, Elsevier, vol. 73(C).
    15. Bernholz, Peter, 1999. "The generalized Coase Theorem and separable individual preferences: an extension," European Journal of Political Economy, Elsevier, vol. 15(2), pages 331-335, June.
    16. Luigi Marengo & Corrado Pasquali, 2012. "How to Get What You Want When You Do Not Know What You Want: A Model of Incentives, Organizational Structure, and Learning," Organization Science, INFORMS, vol. 23(5), pages 1298-1310, October.
    17. Herbert Hovenkamp, 2011. "Coasean markets," European Journal of Law and Economics, Springer, vol. 31(1), pages 63-90, February.
    18. Varouj Aivazian & Jeffrey Callen, 2003. "The Core, Transaction Costs, and the Coase Theorem," Constitutional Political Economy, Springer, vol. 14(4), pages 287-299, December.

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