- Series: Contemporary Economists
- Publisher: Palgrave Macmillan (May 1994)
- Language: English
- ISBN-10: 0312120397
- ISBN-13: 978-0312120399
- Product Dimensions: 1 x 6 x 9 inches
- Shipping Weight: 13.6 ounces
- Average Customer Review: 4.0 out of 5 stars See all reviews (1 customer review)
- Amazon Best Sellers Rank: #8,782,817 in Books (See Top 100 in Books)
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Ronald H. Coase (Contemporary Economists)
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Top Customer Reviews
My only complaint is that the author's (Institutionalist) bias gets in the way of his exposition at times. I am familiar both with Coase and the secondary literature that has emerged from his work and can say that, at least with respect to Coase's paper on Social Cost, that some of the best work that has been done extending and refining his theses has come from people like Harold Demsetz and Carl J. Dahlman. The author does not talk about their work at all (their work is mentioned, i.e. referenced, but not discussed). On the Social Cost paper, the author references all the important work that has been done on the "Coase Theorem" and then concludes that the literature has missed the main point of Coase's message: A positive transaction cost world "necessitates the undertaking of comparative institutional analysis" (p. 92).Read more ›