Coase theorem
economics theorem that if an externality can be traded with no transaction costs, bargaining leads to a Pareto efficient outcome regardless of the initial allocation of property
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Coase theorem
Summary
Coase theorem is a theorem[1]. It ranks in the top 6% of theorem entities by monthly Wikipedia readership (423 views/month).[2]
Key Facts
- Coase theorem is credited with the discovery of Ronald Coase[3].
- Coase theorem's instance of is recorded as theorem[4].
- Coase theorem is part of list of theorems[5].
- Coase theorem's described by source is recorded as Dictionnaire des biens communs[6].
- Coase theorem's maintained by WikiProject is recorded as WikiProject Mathematics[7].
Body
Definition and Type
Coase theorem's instance of is recorded as theorem[4].
Use and Application
Coase theorem is part of list of theorems[5].
Why It Matters
Coase theorem ranks in the top 6% of theorem entities by monthly Wikipedia readership (423 views/month).[2] It has Wikipedia articles in 20 language editions, a strong signal of global cultural recognition.[8] It is known by 7 alternative names across languages and contexts.[9]