The Problem of Social Cost
Download or Read eBook The Problem of Social Cost PDF 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.
| 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 (04 Downloads) |
Book Synopsis The Problem of Social Cost by : R. H. Coase
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.
