Ronald Coase and the legal–economic nexus

Steven G. Medema

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.

General Reference

Published in print:: 26 Feb 2016

ISBN:: 9781782547983

eISBN:: 9781782547990

DOI:: https://doi.org/10.4337/9781782547990

Pages:: 384

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Chapter 21: Ronald Coase and the legal–economic nexus

Steven G. Medema

Reference Entry

Published:: 26 February 2016

Category:: Reference Entry

DOI:: https://doi.org/10.4337/9781782547990.00033

Pages:: 291–304 (14 total)

Collection: Economics 2016

Extract

21 Ronald Coase and the legal–economic nexus Steven G. Medema1 1. INTRODUCTION There is no small amount of irony in the fact that Ronald Coase, who is best known among economists and legal scholars for demonstrating that law does not matter (at le...

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