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Keyword: Coase

Coasian Bargaining & Property Rights (10/5/2017)

Efficient assignment of property rights could achieve efficient adverse impact without negotiation cost and Coasian bargaining.

Keywords: adverse impact, Coase, Coasian bargaining, externality, negotiation cost, pollution, property right

The Sharing Economy (3/11/2014)

The peer-to-peer rental and sharing economy could lead to more efficient allocation of scarce resources and a cleaner economy.

Keywords: access, AirBnB, capital goods, Coase, insurance, liability, Lyft, ownership, peer-to-peer rental, regulation, RelayRides, shareable goods, sharing economy, transaction cost, Zipcar