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The Coase Theorem and the Empty Core: A Comment


  • Coase, R H


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  • Coase, R H, 1981. "The Coase Theorem and the Empty Core: A Comment," Journal of Law and Economics, University of Chicago Press, vol. 24(1), pages 183-187, April.
  • Handle: RePEc:ucp:jlawec:v:24:y:1981:i:1:p:183-87

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    References listed on IDEAS

    1. Roland, Gerard & Verdier, Thierry, 2003. "Law enforcement and transition," European Economic Review, Elsevier, vol. 47(4), pages 669-685, August.
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    4. Sonin, Konstantin, 2003. "Why the rich may favor poor protection of property rights," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 715-731, December.
    5. Gérard Roland, 2004. "Transition and Economics: Politics, Markets, and Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 026268148x, January.
    6. Dani Rodrik, 1996. "Understanding Economic Policy Reform," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 9-41, March.
    7. Olivier Blanchard & Michael Kremer, 1997. "Disorganization," The Quarterly Journal of Economics, Oxford University Press, vol. 112(4), pages 1091-1126.
    8. Nauro F. Campos & Abrizio Coricelli, 2002. "Growth in Transition: What We Know, What We Don't, and What We Should," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 793-836, September.
    9. Pietro Garibaldi & Nada Mora & Ratna Sahay & Jeromin Zettelmeyer, 2001. "What Moves Capital to Transition Economies?," IMF Staff Papers, Palgrave Macmillan, vol. 48(4), pages 1-6.
    10. Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766.
    11. J. Stiglitz, 1999. "Whither Reform? Ten Years of the Transition," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
    12. Cull, Robert & Matesova, Jana & Shirley, Mary, 2002. "Ownership and the Temptation to Loot: Evidence from Privatized Firms in the Czech Republic," Journal of Comparative Economics, Elsevier, vol. 30(1), pages 1-24, March.
    13. Philip R. Lane & Aaron Tornell, 1999. "The Voracity Effect," American Economic Review, American Economic Association, vol. 89(1), pages 22-46, March.
    14. Andrei Shleifer & Robert W. Vishny, 1994. "Politicians and Firms," The Quarterly Journal of Economics, Oxford University Press, vol. 109(4), pages 995-1025.
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    Cited by:

    1. Massimiliano Vatiero, 2013. "Prof. Ronald H. Coase. An Obituary," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2013(2), pages 157-159.
    2. repec:cai:repdal:redp_274_0579 is not listed on IDEAS
    3. Lester G. Telser, 1994. "The Usefulness of Core Theory in Economics," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 151-164, Spring.
    4. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.
    5. Goldberg, Victor P., 1983. "Production functions, Transactions Costs and the New Institutionalism," Working Papers 229120, University of California, Davis, Department of Economics.
    6. Alex Robson, 2014. "Transaction costs can encourage Coasean bargaining," Public Choice, Springer, vol. 160(3), pages 539-549, September.
    7. 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.
    8. Remig, Moritz C., 2017. "Structured pluralism in ecological economics — A reply to Peter Söderbaum's commentary," Ecological Economics, Elsevier, vol. 131(C), pages 533-537.
    9. Ellingsen, Tore & Paltseva, Elena, 2012. "The private provision of excludable public goods: An inefficiency result," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 658-669.
    10. Altug Yalcintas, 2013. "The Problem of Epistemic Cost: Why Do Economists Not Change Their Minds (About the “Coase Theorem”)?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(5), pages 1131-1157, November.
    11. Ko, Il-Dong, 1988. "Issues in the control of stock externality problems with inflexible policy measures," ISU General Staff Papers 198801010800009859, Iowa State University, Department of Economics.
    12. Enrico Guzzini & Antonio Palestrini, 2009. "The empty core in the Coase theorem: a critical assessment," Economics Bulletin, AccessEcon, vol. 29(4), pages 3095-3103.
    13. Luca Fiorito & Massimiliano Vatiero, 2011. "La posizionalità come presupposto della relazionalità; e viceversa," Department of Economics University of Siena 610, Department of Economics, University of Siena.
    14. Maeda, Yasuo, 1995. "Comment on "What is the Coase Theorem?" by Leonid Hurwicz," Japan and the World Economy, Elsevier, vol. 7(1), pages 75-78, May.
    15. Antonio Nicita, 2014. "The legacy of R. Coase (1910–2013): toward a theory of institutional 'moving equilibrium'?," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 61(2), pages 93-108, June.
    16. Dolud, Olena, 2004. "Nichtmonetäre Transaktionen in der ukrainischen Landwirtschaft: Determinanten, Spezifika und Folgen," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 24, number 93080.
    17. Kirk D. Johnson & Steven G. Medema & Warren J. Samuels, 2014. "The 8th Duke of Argyll, the Economics of Land Tenancy, and Stigler’s "Coase Theorem"," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2014(2), pages 5-28.
    18. Giovanni Marin & Claudia Pellegrin & Marianna Marino, 2015. "The impact of the European Emission Trading Scheme on multiple measures of economic performance," SEEDS Working Papers 2015, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Dec 2015.
    19. Scharpf, Fritz W., 1993. "Positive und negative Koordination in Verhandlungssystemen," MPIfG Discussion Paper 93/1, Max Planck Institute for the Study of Societies.
    20. Hurwicz, Leonid, 1995. "What is the Coase Theorem?," Japan and the World Economy, Elsevier, vol. 7(1), pages 49-74, May.
    21. 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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