Strategic Groups and Rent Dissipation

2001 ◽  
Vol 39 (4) ◽  
pp. 672-684 ◽  
Author(s):  
Kyung Hwan Baik ◽  
Sanghack Lee
Author(s):  
Staffan Brege ◽  
Tomas Nord ◽  
Harald Brege ◽  
Johan Holtström ◽  
Roland Sjöström

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Steven N. S. Cheung

AbstractThis paper first presents a historical account of the origin of the Coase Theorem. It then elaborates its significance in explaining the working of economic institutions. After expounding the concepts of transaction cost and rent dissipation, it points out an error in the Coase Theorem. Lastly, the paper propounds the Theorem of Transaction Costs Substitution as an extended and general version of the Coase Theorem.


2011 ◽  
Vol 33 (2) ◽  
pp. 366-380 ◽  
Author(s):  
Robert T. Deacon ◽  
David Finnoff ◽  
John Tschirhart
Keyword(s):  

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