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Can't see the tacking for the trees? Try a Coasian solution

In: New Developments in Economic Education

Author

Listed:
  • Scott A. Beaulier
  • Franklin G. Mixon
  • Richard J. Cebula

Abstract

Arguably, the types of examples used by texts in examining Coasian bargains that address negative externalities are not the types of situations or stories that typically appeal to traditional college and university students. The chapter provides a more modern story for principles instructors to use as a supplement to traditional textbook accounts of the problems associated with externalities and the applicability of the Coase Theorem.

Suggested Citation

  • Scott A. Beaulier & Franklin G. Mixon & Richard J. Cebula, 2014. "Can't see the tacking for the trees? Try a Coasian solution," Chapters, in: Franklin G. Mixon & Richard J. Cebula (ed.), New Developments in Economic Education, chapter 11, pages 126-132, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15538_11
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    References listed on IDEAS

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    1. Robert L. Sexton, 2006. "Using Short Movie and Television Clips in the Economics Principles Class," The Journal of Economic Education, Taylor & Francis Journals, vol. 37(4), pages 406-417, October.
    2. Barrett, Alan & Kearney, Ide & Goggin, Jean & Conefrey, Thomas, 2010. "Quarterly Economic Commentary, Summer 2010," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20102, June.
    3. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    4. David Colander, 2010. "The Evolution of U.S.Economics Textbooks," Middlebury College Working Paper Series 1037, Middlebury College, Department of Economics.
    5. Richard Holt & J. Barkley Rosser & David Colander, 2011. "The Complexity Era in Economics," Review of Political Economy, Taylor & Francis Journals, vol. 23(3), pages 357-369.
    6. Barrett, Alan & Kearney, Ide & Conefrey, Thomas & O'Sullivan, Cormac, 2010. "Quarterly Economic Commentary, Autumn 2010," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20103, June.
    7. Okada, Akira, 2010. "Toshiji Kawagoe, Experimental Economics," Economic Review, Hitotsubashi University, vol. 61(1), pages 85-87, January.
    8. Barrett, Alan & Kearney, Ide & Conefrey, Thomas & O'Sullivan, Cormac, 2010. "Quarterly Economic Commentary, Winter 2010," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20104, June.
    9. anonymous, 2010. "The economic importance of being educated," Forefront, Federal Reserve Bank of Cleveland, issue Fall, pages 6-9.
    10. R. Andrew Luccasen & M. Kathleen Thomas, 2010. "Simpsonomics: Teaching Economics Using Episodes of The Simpsons," The Journal of Economic Education, Taylor & Francis Journals, vol. 41(2), pages 136-149, March.
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    Cited by:

    1. Franklin G. Mixon Jr. & Cody B. Ward, 2018. "Algebraic Optimization: Tragedy or Treat? Halloween and the Trick-or-Treating Commons," Journal for Economic Educators, Middle Tennessee State University, Business and Economic Research Center, vol. 18(1), pages 28-32, Spring.

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    More about this item

    Keywords

    Economics and Finance; Education;

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • K39 - Law and Economics - - Other Substantive Areas of Law - - - Other
    • K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

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