Edited by Claude Ménard and Elodie Bertrand
Chapter 25: The empirical accuracy and judicial use of the Coase Theorem (vel non)
25 The empirical accuracy and judicial use of the Coase Theorem (vel non) Ward Farnsworth1 1. INTRODUCTION The aim of this chapter is to comment on two “real world” aspects of the Coase Theorem: what we know about its empirical accuracy, and wheth...
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