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Coase, Ronald Harry (Born 1910)

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Abstract

Ronald Coase made seminal contributions to law and economics and to the theory of the firm, for which he received the 1991 Nobel Prize. The importance of understanding the role of transaction costs in economic activity and the influence of alternative institutional structures on economic performance are hallmarks of Coase’s scholarship, and both the economic analysis of law and the new institutional economics are outgrowths of his work. Coase occupies a significant although somewhat controversial place in the history of the Chicago School of economics.

This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume

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  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    Steven G. Medema

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  1. Steven G. Medema
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    Medema, S.G. (2008). Coase, Ronald Harry (Born 1910). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_70-2

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_70-2

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    • Publisher Name: Palgrave Macmillan, London

    • Online ISBN: 978-1-349-95121-5

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    Chapter history

    1. Latest

      Coase, Ronald Harry (Born 1910)
      Published:
      06 April 2017

      DOI: https://doi.org/10.1057/978-1-349-95121-5_70-2

    2. Original

      Coase, Ronald Harry (Born 1910)
      Published:
      11 October 2016

      DOI: https://doi.org/10.1057/978-1-349-95121-5_70-1

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