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The Extended Coase Theorem and Long Run Equilibrium: The Nonequivalence of Liability Rules and Property Rights

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  • Frech, H E, III

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  • Frech, H E, III, 1979. "The Extended Coase Theorem and Long Run Equilibrium: The Nonequivalence of Liability Rules and Property Rights," Economic Inquiry, Western Economic Association International, vol. 17(2), pages 254-268, April.
  • Handle: RePEc:oup:ecinqu:v:17:y:1979:i:2:p:254-68
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    Cited by:

    1. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    2. Holderness, Clifford G., 2003. "Joint ownership and alienability," International Review of Law and Economics, Elsevier, vol. 23(1), pages 75-100, March.
    3. Yalcintas, Altug, 2010. "The ‘Coase Theorem’ vs. Coase theorem proper: How an error emerged and why it remained uncorrected so long," MPRA Paper 37936, University Library of Munich, Germany.
    4. Brito, Dagobert L. & Hamilton, Jonathan H. & Intriligator, Michael D. & Sheshinski, Eytan & Slutsky, Steven M., 2006. "Private information, Coasian bargaining, and the second welfare theorem," Journal of Public Economics, Elsevier, vol. 90(4-5), pages 871-895, May.
    5. Allan C. DeSerpa, 1992. "The Pure Economics of the Coase Theorem," Eastern Economic Journal, Eastern Economic Association, vol. 18(3), pages 287-304, Summer.
    6. Polinsky, A Mitchell, 1980. "On the Choice between Property Rules and Liability Rules," Economic Inquiry, Western Economic Association International, vol. 18(2), pages 233-246, April.
    7. Carlos Hervés-Beloso & Francisco Martínez-Concha, 2023. "Coasian rights in a cap-and-trade mechanism with damage compensations," European Journal of Law and Economics, Springer, vol. 56(3), pages 425-441, December.

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