The Coase Theorem /
The Coase Theorem /
Marginal Revolution University .
- Formato digital
- 8:15 minutos
Acceso libre
In this video, we show how bees and pollination demonstrate the Coase Theorem in action: when transaction costs are low and property rights are clearly defined, private arrangements ensure that the market works even when there are externalities. Under these conditions, the market properly manages externalities.
Curso: ULFPE
Video
Acceso libre
In this video, we show how bees and pollination demonstrate the Coase Theorem in action: when transaction costs are low and property rights are clearly defined, private arrangements ensure that the market works even when there are externalities. Under these conditions, the market properly manages externalities.
Curso: ULFPE
Video
