IDEAS home Printed from https://ideas.repec.org/a/kap/pubcho/v140y2009i1p1-13.html
   My bibliography  Save this article

Coase and Bertrand on lighthouses

Author

Listed:

Abstract

No abstract is available for this item.

Suggested Citation

  • Walter Block & William Barnett, 2009. "Coase and Bertrand on lighthouses," Public Choice, Springer, vol. 140(1), pages 1-13, July.
    • Handle: RePEc:kap:pubcho:v:140:y:2009:i:1:p:1-13
    DOI: 10.1007/s11127-008-9375-x
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11127-008-9375-x
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11127-008-9375-x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Edward P. Stringham & Nicholas A. Snow, 2008. "The broken trailer fallacy," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(7), pages 480-489, June.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Cordato, Roy E., 1992. "Knowledge Problems and the Problem of Social Cost," Journal of the History of Economic Thought, Cambridge University Press, vol. 14(2), pages 209-224, October.
    4. Vedran Vuk, 2008. "Taking advantage of disaster: misrepresentation of housing shortage for political gain," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(8), pages 603-614, July.
    5. William Barnett & Walter Block, 2007. "Coase and Van Zandt on Lighthouses," Public Finance Review, , vol. 35(6), pages 710-733, November.
    6. Stringham, Edward & Snow, Nicholas, 2008. "The broken trailer fallacy: seeing the unseen effects of government policies in post-Katrina New Orleans," MPRA Paper 26099, University Library of Munich, Germany.
    7. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-376, October.
    8. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(3), pages 389-402, May.
    9. Block, Walter, 1995. "Ethics, Efficiency, Coasian Property Rights, and Psychic Income: A Reply," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 8(2), pages 61-125.
    10. Jennifer Dirmeyer, 2008. "The futile fight against (human) nature," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 35(8), pages 627-638, July.
    11. Krecke Elisabeth, 1996. "Law and the Market Order. An Austrian Critique of the Economic Analysis of Law," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 7(1), pages 1-21, March.
    12. Elodie Bertrand, 2006. "The Coasean analysis of lighthouse financing: myths and realities," Post-Print hal-03507599, HAL.
    13. W A V Clark & F Schultz & P J Taylor, 1997. "Commentaries," Environment and Planning A, , vol. 29(5), pages 762-770, May.
    14. Peter T. Leeson, 2007. "An-arrgh-chy: The Law and Economics of Pirate Organization," Journal of Political Economy, University of Chicago Press, vol. 115(6), pages 1049-1094, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Candela, Rosolino A. & Geloso, Vincent, 2019. "Why consider the lighthouse a public good?," International Review of Law and Economics, Elsevier, vol. 60(C).
    2. Mark Koyama, 2014. "The law & economics of private prosecutions in industrial revolution England," Public Choice, Springer, vol. 159(1), pages 277-298, April.
    3. Edward Stringham, 2014. "Extending the Analysis of Spontaneous Market Order to Governance," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(2), pages 171-180, June.
    4. Laurent Carnis, 2013. "The provision of lighthouses services: a political economy perspective," Public Choice, Springer, vol. 157(1), pages 51-56, October.
    5. Daniel D’Amico, 2010. "The prison in economics: private and public incarceration in Ancient Greece," Public Choice, Springer, vol. 145(3), pages 461-482, December.
    6. Jakub Bożydar Wiśniewski, 2014. "Defense As A Private Good In A Competitive Order," Review of Social and Economic Issues, Romanian-American University, vol. 1(1), pages 3-35, July.
    7. Rosolino A. Candela & Vincent J. Geloso, 2020. "The Lighthouse Debate and the Dynamics of Interventionism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(3), pages 289-314, September.
    8. Walter E. Block, 2017. "Radical Privatization: Oceans, Roads,Heavenly Bodies," Romanian Economic Business Review, Romanian-American University, vol. 12(2), pages 41-56, June.
    9. Walter E. Block, 2014. "Justifying a Stateless Legal Order: A Critique of Rand and Epstein," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 29(Spring 20), pages 21-49.
    10. Block Walter E. & Barnett William, 2020. "Newly Discovered Gold Does Not Distort the Economy; It Is Not A Market Failure," Review of Economic Perspectives, Sciendo, vol. 20(3), pages 281-288, September.
    11. Rosolino A. Candela & Vincent J. Geloso, 2018. "The lightship in economics," Public Choice, Springer, vol. 176(3), pages 479-506, September.
    12. Rosolino A. Candela & Vincent Geloso, 2019. "Coase and transaction costs reconsidered: the case of the English lighthouse system," European Journal of Law and Economics, Springer, vol. 48(3), pages 331-349, December.
    13. Walter Block & Ivan Jankovic, 2016. "Tragedy of the Partnership: A Critique of Elinor Ostrom," American Journal of Economics and Sociology, Wiley Blackwell, vol. 75(2), pages 289-318, March.
    14. Martín Krause, 2015. "Buoys and Beacons in Economics," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 30(Spring 20), pages 45-59.
    15. Callais, Justin T & Geloso, Vincent, 2023. "The political economy of lighthouses in antebellum America," European Economic Review, Elsevier, vol. 154(C).
    16. Gage Counts & Walter E Block, 2016. "Fracking: A creature of government?," Energy & Environment, , vol. 27(8), pages 933-941, December.
    17. Dan Bogart & Oliver Buxton Dunn & Eduard J. Alvarez‐Palau & Leigh Shaw‐Taylor, 2022. "Organizations and efficiency in public services: The case of English lighthouses revisited," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 975-994, April.
    18. Jordan Reel & Walter E. Block, 2013. "Educational Vouchers: Freedom to Choose?," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 7(4), December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Walter Block, 2010. "Rejoinder To Boettke On Coasean Economics And Communism," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 9-30, September.
    2. Mark Koyama, 2014. "The law & economics of private prosecutions in industrial revolution England," Public Choice, Springer, vol. 159(1), pages 277-298, April.
    3. Rosolino A. Candela & Vincent J. Geloso, 2018. "The lightship in economics," Public Choice, Springer, vol. 176(3), pages 479-506, September.
    4. Rosolino A. Candela & Vincent Geloso, 2019. "Coase and transaction costs reconsidered: the case of the English lighthouse system," European Journal of Law and Economics, Springer, vol. 48(3), pages 331-349, December.
    5. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.
    6. Heatley, David, 2011. "Auckland Transport: Institutional Congestion?," Working Paper Series 4080, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    7. Candela, Rosolino A. & Geloso, Vincent, 2019. "Why consider the lighthouse a public good?," International Review of Law and Economics, Elsevier, vol. 60(C).
    8. Emilio Giardina & Isidoro Mazza & Giacomo Pignataro & Ilde Rizzo, 2016. "Voluntary Provision of Public Goods and Technology," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(3), pages 321-332, August.
    9. Laurent Carnis, 2013. "The provision of lighthouses services: a political economy perspective," Public Choice, Springer, vol. 157(1), pages 51-56, October.
    10. Elodie Bertrand, 2011. "What do cattle and bees tell us about the Coase theorem?," European Journal of Law and Economics, Springer, vol. 31(1), pages 39-62, February.
    11. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    12. Glenn Furton & Adam Martin, 2019. "Beyond market failure and government failure," Public Choice, Springer, vol. 178(1), pages 197-216, January.
    13. Herbert Hovenkamp, 2011. "Coasean markets," European Journal of Law and Economics, Springer, vol. 31(1), pages 63-90, February.
    14. Lazzarini,Sergio G., 2022. "The Right Privatization," Cambridge Books, Cambridge University Press, number 9781316519714.
    15. Alain Marciano, 2010. "Calabresi, "law and economics" and the Coase theorem," ICER Working Papers 26-2010, ICER - International Centre for Economic Research.
    16. Rosolino A. Candela & Vincent J. Geloso, 2020. "The Lighthouse Debate and the Dynamics of Interventionism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(3), pages 289-314, September.
    17. Booth Philip, 2014. "Stock Exchanges as Lighthouses," Man and the Economy, De Gruyter, vol. 1(2), pages 171-187, December.
    18. Walter Block, 2005. "Value Freedom, Laissez Faire, Mises, and Rothbard," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(3), pages 919-938, July.
    19. Elodie Bertrand, 2019. "Much ado about nothing? The controversy over the validity of the Coase theorem," Post-Print hal-03479468, HAL.
    20. Llewellyn H. Rockwell, Jr. & Walter E. Block, 2010. "The Economics and Ethics of Hurricane Katrina," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(4), pages 1294-1320, October.

    More about this item

    Keywords

    Lighthouse; Market failure; Public goods; Coase; Bertrand; H41;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:140:y:2009:i:1:p:1-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.