Ronald Coase was one of those economists whose contributions were so significant and so longstanding that you assumed he had to be dead. But he wasn't, until yesterday, when he died at the age of 102.

Editor's note: On September 2, 2013 Nobel Laureate Ronald Coase, died at the age of 102. Coase had a profound influence on China's reform and opening-up. In 2008 he hosted an international seminar on ...

Ronald H. Coase was one of the most interesting and influential economists of his century. He was born in 1910 in a suburb of London and recently passed away at the age of 102 in Chicago, close to the ...

Theme of the Lecture: when can institutions not improve efficiency? When can we not improve upon market outcomes? Coase Theorem: Efficiency and Bargaining -- closely related to value maximization.

There's a famous joke about a dairy farmer who, hoping to increase milk production, seeks the help of a theoretical physicist at the local university. After carefully studying the problem, the ...

“According to Coase, obstacles to bargaining and/or poorly defined property rights lead to an inefficient marketplace. You need look no further than the current state of the U.S. patent system for ...

At 101 years old, renowned University of Chicago Law School economist Ronald H. Coasehas never stopped generating new ideas or giving his witty, confident take on past intellectual skirmishes. His ...

The Observer: Professor Coase said many times that the Coase Theorem should be understood as saying that transaction costs cannot be neglected and that the initial allocation of property rights ...

An icon in the shape of a lightning bolt. Impact Link Ronald Coase was one of those economists whose contributions were so significant and so longstanding that you assumed he had to be dead. But he ...