Author: Steven G. Medema
Publisher: Springer
Keywords: economics, economic, thought, recent, new, law, coasean, institutional
Number of Pages: 292
Published: 1997-10-31
List price: $189.00
ISBN-10: 0792380347
ISBN-13: 9780792380344

This collection assesses the development of `Coasean Economics’ -- those aspects of economic analysis that have evolved out of the ground-breaking work of Ronald Coase. Two major strands of research can be identified here: law and economics and the New Institutional Economics. While both law and economics and the analysis of institutions by no means originated with or evolved solely from Coase’s work, it is undeniable that his contributions, particularly in The Nature of the Firm and The Problem of Social Cost, played a major role in shaping the contemporary manifestations