Economics Dictionary of ArgumentsHome
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| Ronald Coase: Ronald Coase (1910-2013), British economist and author. His major works include The Nature of the Firm (1937), The Problem of Social Cost (1960), and The Economics of Property Rights (1988). His fields of specialization were economics of property rights, transaction costs, and the law and economics of the firm._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Economic Theories on Coase, Ronald - Dictionary of Arguments
Kiesling I 13 Ronald Coase/economic theories/Kiesling: Coase’s introduction of transaction costs and organization to the theory of the firm initiated new work in industrial organization, leading to new fields of transaction cost economics (TCE), organizational economics, and new institutional economics, now broadly called institutional and organizational economics (IOE). IOE focuses on governance institutions and their diversity in organizing production relationships, enabling organizations to adapt to unknown and changing conditions, to protect their investments in assets specific to that relationship, and to harmonize the interests of the parties in the relationship. >Firms/Coase, >Transaction costs/Coase, >Transaction Cost Economics (TCE), >Institutional and Organizational Economics (IOE), >Transaction Cost Economics (TCE) as Author, >Institutional and Organizational Economics (IOE) as Author._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
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