The legacy of R. Coase (1910–2013): toward a theory of institutional 'moving equilibrium'?

• Published in: International review of economics Vol. 61; no. 2; pp. 93 - 108
• Main Author: Nicita, Antonio
• Format: Journal Article
• Language: English
• Published: Berlin/Heidelberg Springer Berlin Heidelberg 01.06.2014; Springer Nature B.V
• Subjects: Broadcasting industry; Coase, Ronald; Costs; Economic Policy; Economic theory; Economic Theory/Quantitative Economics/Mathematical Methods; Economics; Economics and Finance; Economists; Equilibrium; History of Economic Thought/Methodology; Law; Law and Economics; Nobel prizes; Property rights; Quality of Life Research; Research Article; Social Policy; Socioeconomic factors; Studies; Coase legacy; D62; Law and economics; D23; Ronald Coase; Property rights; B15

Over almost a century, Ronald Coase’s works have largely differed in their contents. Under the general umbrella of the “law and economics” field, Coase’s scientific production has indeed covered a large variety of topics and policy issues. However, Coase’s analyses reveal a common framework, if not...