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Concept information

Preferred term

Coase Theorem  

Definition(s)

  • The “Coase theorem” is a proposition concerning the economic theory of externalities. The proposition states that under a regime of zero transaction costs, market forces will efficiently allocate legal rights (e.g., the right to pollute vs. [Source: Encyclopedia of Business Ethics and Society; Coase Theorem]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-KT6ZBW6X-M

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