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Coasean bargaining to address environmental externalities

In: The Elgar Companion to Ronald H. Coase

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  • Gary D. Libecap

Abstract

Ronald H. Coase was one of the most innovative and provocative economists of the twentieth century. Besides his best known papers on ‘The Nature of the Firm’ and ‘The Problem of Social Cost’, he had a major role in the development of the field of law and economics, and made numerous influential contributions to topics including public utilities, regulation and the functioning of markets. In this comprehensive Companion, 31 leading economists, social scientists and legal scholars assess the impact of his work with particular reference to the research programs initiated, the influence on policymakers, and the challenge to conventional perspectives.

Suggested Citation

  • Gary D. Libecap, 2016. "Coasean bargaining to address environmental externalities," Chapters, in: Claude Ménard & Elodie Bertrand (ed.), The Elgar Companion to Ronald H. Coase, chapter 8, pages 97-109, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15461_8
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    Citations

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    Cited by:

    1. Robert S. Pindyck, 2017. "Coase Lecture—Taxes, Targets and the Social Cost of Carbon," Economica, London School of Economics and Political Science, vol. 84(335), pages 345-364, July.
    2. Browne, Oliver R. & Ji, Xinde James, 2023. "The Economic Value of Clarifying Property Rights: Evidence from Water in Idaho’s Snake River Basin," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
    3. Gary D. Libecap, 2018. "Property Rights to Frontier Land and Minerals: US Exceptionalism," NBER Working Papers 24544, National Bureau of Economic Research, Inc.
    4. Rafael Emmanuel Macatangay & Alistair Rieu-Clarke, 2018. "The role of valuation and bargaining in optimising transboundary watercourse treaty regimes," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 18(3), pages 409-428, June.
    5. Browne, Oliver R., 2017. "Do Secure Property Rights Affect Resource Allocation and Firm Production? Evidence from Water Right Adjudications in Idaho," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258498, Agricultural and Applied Economics Association.

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    Economics and Finance; Law - Academic;

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