The Problem of Social Cost: What Problem? A Critique of the Reasoning of A.C. Pigou and R.H. Coase

被引：22

作者：

Demsetz, Harold ^{[1
]}

机构：

[1] Univ Calif Los Angeles, Los Angeles, CA 90095 USA

来源：

REVIEW OF LAW & ECONOMICS | 2011年 / 7卷 / 01期

关键词：

Coase; Court; Externalities; Knight; Pigou; Strategic;

D O I：

10.2202/1555-5879.1502

中图分类号：

D9 [法律]; DF [法律];

学科分类号：

0301 ;

摘要：

This essay discusses and refutes allegations by A.C. Pigou and R.H. Coase that a competitive, private-ownership economic system that conforms to the neoclassical model fails to allocate resources efficiently. The essay then suggests a source of inefficiency that differs from and is much more limited in application than are those offered by Pigou and Coase; and the suggested source, moreover, is compatible with the neoclassical model.

引用

页码：1 / 13

页数：13

共 18 条

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