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The Problem of Social Cost by R.H. Coase

The Problem of Social Cost

R.H. Coase

34 pages first pub 2016 (view editions)

nonfiction business economics philosophy challenging informative reflective medium-paced
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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 ana...

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