Author granted license

Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International

Document Type

Book Chapter

Publication Date

2008

ISBN

9780199290543

Publisher

Oxford University Press

Language

en-US

Abstract

Coase, Ronald The work of economist Ronald Coase (1910-) transformed legal scholars' approaches to social policy, and spurred economists to focus attention on how institutions function. When Coase received the Nobel Prize for Economics in 1991, the Nobel Committee cited two key articles concerning Coase's pioneering notion of' transaction cost'.

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