Coasean Bargaining Opportunity
19 March 2013 at 2:21 pm Peter G. Klein
| Peter Klein |
Forget Wrigley Field: here’s a colorful example for classroom discussions of property rights, external costs, bargaining, and the Coase Theorem. Literally colorful. (Via Bob Subrick.)
Entry filed under: - Klein -, Law and Economics, New Institutional Economics, Teaching.