The problem of social cost: What problem? A critique of the reasoning of A.C. Pigou and R.H. Coase

Review of Law and Economics

Volumn 7, Issue 1, 2011, Pages

  Demsetz, Harold ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

Coase; Court; Externalities; Knight; Pigou; Strategic

Indexed keywords

EID: 79951532592     PISSN: 15555879     EISSN: 15555879     Source Type: Journal    
DOI: 10.2202/1555-5879.1502     Document Type: Article

References (10)

1. Coase, R.H. 1937. "The Nature of the Firm," 4(16) Economica 386-405.
2. -. 1959. "The Federal Communications Commission," 2 Journal of Law and Economics 1-40.
3. -. 1960. "The Problem of Social Cost," 3 Journal of Law and Economics 1-44.
4. Demsetz, H. 2008. From Economic Man to Economic System. Cambridge, MA: Cambridge University Press.
5. -. 1964. "The Exchange and Enforcement of Property Rights," 7 Journal of Law and Economics 11-26.
6. -. 1969. "Information and Efficiency: Another Viewpoint," 12(1) Journal of Law and Economics 1-22.
7. -. 1970. "The Private Production of Public Goods," 13(2) Journal of Law and Economics 293-306.
8. Knight, Frank H. 1924. "Some Fallacies in the Interpretation of Social Cost," 38 Quarterly Journal of Economics 582-606.
9. Pigou, A.C. 1920. The Economics of Welfare. MacMillan & Co. Ltd.
10. Samuelson, P.A. 1954. "The Pure Theory of Public Expenditure," 36(4) Review of Economics and Statistics 387-389.