The Problem of Social Cost
| Author | : R. H. Coase |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 0 |
| Release | : 2016-10-10 |
| ISBN-10 | : 1539433404 |
| ISBN-13 | : 9781539433408 |
| Rating | : 4/5 (408 Downloads) |
Book Synopsis The Problem of Social Cost by : R. H. Coase
Download or read book The Problem of Social Cost written by R. H. Coase and published by Createspace Independent Publishing Platform. This book was released on 2016-10-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Problem of Social Cost is an article dealing with economic problem of externalities. It draws from a number of English legal cases and statutes to illustrate Coase's belief that legal rules are only justified by reference to a cost-benefit analysis, and that nuisances that are often regarded as being the fault of one party are more symmetric conflicts between the interests of the two parties.
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