The ‘Coase Theorem’ vs. Coase theorem proper: How an error emerged and why it remained uncorrected so long
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Keywords
Ronald Coase; 'The Problem of Social Cost' (1960); The 'Coase Theorem; ' George Stigler; Replication Failure; Intellectual Path Dependence;All these keywords.
JEL classification:
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
- B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
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