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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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    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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