Description
Book SynopsisThese essays consider the key contributions of Nobel Prize-winning economist Ronald Coase, who showed that the size and structure of firms, and the location of the border between internal exchange within the firm and external exchange through markets, are systematically related to the costs of transactions.
Table of Contents1. Introduction by Cento Veljanovski 2. The Economics of Ronald Coase by Cento Veljanovski 3. Ownership, governance and the Coasian firm by Martin Ricketts 4. Coase's contributions to the theory of industrial organisation and regulation by Alex Robson 5. Coase on property rights and the political economy of environmental protection by Mark Pennington 6. Coase and water by Nicola Tynan 7. The Coase research agenda: public goods, transaction costs and the role of collective action by Stephen Davies 8. Stock exchanges as lighthouses by Philip Booth 9. Coase and the 'sharing economy' by Michael Munger
