The Problem of Social Cost and Coase Theorem

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Mikhail Dubov

A presentation of an article by Ronald Coase

Business Economy & Finance

The Problem of Social Cost R. H. Coase (1960) Mikhail Dubov

The problem to be examined ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Reciprocal nature of the problem ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Objective ,[object Object],[object Object],[object Object],[object Object]

Liability for Damage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The Coase Theorem ,[object Object],[object Object],[object Object],[object Object]

Costs of Market Transactions ,[object Object],[object Object],[object Object],[object Object],[object Object]

Critique of Pigou ,[object Object],[object Object],[object Object],[object Object],[object Object]

Change of Approach ,[object Object],[object Object],[object Object]

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