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... > social science subjects > criminology and criminal justice > criminology > law and society > law and economics > Coase Theorem
... > social science subjects > politics and international relations > political science > law and courts > law and society > law and economics > Coase Theorem
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... > social science subjects > business and management > organization studies > organization studies encyc > approaches to organization theory > organizational economics > law and economics > Coase Theorem
... > social science subjects > business and management > organization studies > organization studies encyc > organizational economics > law and economics > Coase Theorem
... > social science subjects > business and management > organization studies > organization studies encyc > approaches to organization theory > organizational economics > Coase Theorem
... > social science subjects > business and management > organization studies > organization studies encyc > organizational economics > Coase Theorem

Preferred term

Coase Theorem  

Definition

  • The “Coase theorem” is a proposition concerning the economic theory of externalities. The proposition states that under a regime of zero transaction costs, market forces will efficiently allocate legal rights (e.g., the right to pollute vs. [Source: Encyclopedia of Business Ethics and Society; Coase Theorem]

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https://concepts.sagepub.com/social-science/concept/Coase_Theorem

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