Building on Oliver Williamson’s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly.

Monograph Book

Published in print:: 30 Jul 2009

DOI:: https://doi.org/10.4337/9781848449282

Collection: Economics 2010 and before

This content is available to you

Figures and tables

Edited by Claude Ménard and Elodie Bertrand

Reference Entry

In The Elgar Companion to Ronald H. Coase

Edited by Claude Ménard and Elodie Bertrand

Published in print:: 26 Feb 2016

DOI:: https://doi.org/10.4337/9781782547990.00004

Collection: Economics 2016

This content is available to you

Reviewers

Edited by Claude Ménard and Elodie Bertrand

Reference Entry

In The Elgar Companion to Ronald H. Coase

Edited by Claude Ménard and Elodie Bertrand

Published in print:: 26 Feb 2016

DOI:: https://doi.org/10.4337/9781782547990.00006

Collection: Economics 2016

This content is available to you

Introduction

Claude Ménard and Elodie Bertrand

Reference Entry

In The Elgar Companion to Ronald H. Coase

Edited by Claude Ménard and Elodie Bertrand

Published in print:: 26 Feb 2016

DOI:: https://doi.org/10.4337/9781782547990.00007

Collection: Economics 2016

You do not have access to this content

The Elgar Companion to Ronald H. Coase

Edited by Claude Ménard and Elodie Bertrand

Ronald H. Coase was one of the most innovative and provocative economists of the twentieth century. Besides his best known papers on ‘The Nature of the Firm’ and ‘The Problem of Social Cost’, he had a major role in the development of the field of law and economics, and made numerous influential contributions to topics including public utilities, regulation and the functioning of markets. In this comprehensive Companion, 31 leading economists, social scientists and legal scholars assess the impact of his work with particular reference to the research programs initiated, the influence on policymakers, and the challenge to conventional perspectives.