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Working paper

И еще раз — о теореме Коуза (критические заметки)

The Coase theorem provides a conceptual foundation for modern neo(institutional analysis. Regrettably new Russian publications on the Coase theorem produced a long list of fallacies, misunderstandings and false interpretations. Using as a striking example the recently published intermediate textbook on institutional economics ed. by A. Oleynik author reveals typical errors committed by Russian commentators of the Coase theorem. His critical analysis demonstrates that even some leading Russian authorities on the institutional economics often have vague and biased notions about theoretical ideas of R. Coase.