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Ronald Coase 1910-2013, In memoriam

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  • Fernando, Estrada

Abstract

This paper relates to the implications of transaction costs in Ronald Coase. The economics of transaction costs (TCE) is a first-order theoretical framework for understanding both the constraints to the development of the company to warn gaps in current public policy developments with important implications. Finally it provides observations of public policy aimed at correcting deviations of government experience.

Suggested Citation

  • Fernando, Estrada, 2013. "Ronald Coase 1910-2013, In memoriam," MPRA Paper 49558, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:49558
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    File URL: https://mpra.ub.uni-muenchen.de/59859/1/MPRA_paper_49558.pdf
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    References listed on IDEAS

    as
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    2. Robert J. Myers & Richard J. Sexton & William G. Tomek, 2010. "A Century of Research on Agricultural Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(2), pages 376-403.
    3. Dahlman, Carl J, 1979. "The Problem of Externality," Journal of Law and Economics, University of Chicago Press, vol. 22(1), pages 141-162, April.
    4. Andy Hall, 2005. "Capacity development for agricultural biotechnology in developing countries: an innovation systems view of what it is and how to develop it," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(5), pages 611-630.
    5. Dorward, Andrew & Kydd, Jonathan & Morrison, Jamie & Urey, Ian, 2004. "A Policy Agenda for Pro-Poor Agricultural Growth," World Development, Elsevier, vol. 32(1), pages 73-89, January.
    6. Coase, Ronald H., 1990. "Accounting and the theory of the firm," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 3-13, January.
    7. Coase, R H, 1988. "The Nature of the Firm: Influence," Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(1), pages 33-47, Spring.
    8. Coase, R H, 1988. "The Nature of the Firm: Meaning," Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(1), pages 19-32, Spring.
    9. Coase, R H, 1988. "The Nature of the Firm: Origin," Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(1), pages 3-17, Spring.
    10. Byerlee, Derek & Fischer, Ken, 2002. "Accessing Modern Science: Policy and Institutional Options for Agricultural Biotechnology in Developing Countries," World Development, Elsevier, vol. 30(6), pages 931-948, June.
    11. Hoffman, Elizabeth & Spitzer, Matthew L, 1982. "The Coase Theorem: Some Experimental Tests," Journal of Law and Economics, University of Chicago Press, vol. 25(1), pages 73-98, April.
    12. Lusk, Jayson L. & Jamal, Mustafa & Kurlander, Lauren & Roucan, Maud & Taulman, Lesley, 2005. "A Meta-Analysis of Genetically Modified Food Valuation Studies," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 30(01), April.
    13. R. H. Coase, 1935. "The Problem of Duopoly Reconsidered," Review of Economic Studies, Oxford University Press, vol. 2(2), pages 137-143.
    14. R. H. Coase, 1965. "Evaluation of Public Policy Relating to Radio and Television Broadcasting: Social and Economic Issues," Land Economics, University of Wisconsin Press, vol. 41(2), pages 161-167.
    15. Robert W. Hahn & Paul C. Tetlock, 2008. "Has Economic Analysis Improved Regulatory Decisions?," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 67-84, Winter.
    16. Ian M. Sheldon, 2002. "Regulation of biotechnology: will we ever 'freely' trade GMOs?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 29(1), pages 155-176, March.
    17. Jeremy D. Foltz & Kwansoo Kim & Bradford Barham, 2003. "A Dynamic Analysis of University Agricultural Biotechnology Patent Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 187-197.
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    More about this item

    Keywords

    Ronald Coase; Transactions Costs Theory; Coase Theorem;

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B32 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Obituaries
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • H4 - Public Economics - - Publicly Provided Goods
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • N4 - Economic History - - Government, War, Law, International Relations, and Regulation

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