Uncredited, Associated Press
Ronald H. Coase, a Nobel Prize winning economist, died on Monday in Chicago at the age of 102.
In addition, A Fine Theorem states that Coase is best known for two statements: “that transaction costs explain many puzzles in the organization of society, and that pricing for durable goods presents a particular worry since even a monopolist selling a durable good needs to ‘compete’ with its future and past selves.”
Coase won a Nobel Prize in Economic Science in 1991.
Read more on A Fine Theorem.
- 20 of the most influential and innovative...
- Carmen Rasmusen Herbert: Lessons learned from...
- School fees: Is Utah really family friendly?
- Richard Davis: The State Board can do better...
- Lois M. Collins: School start times are...
- Robert J. Samuelson: Do Democrats do it...
- Frank Pignanelli & LaVarr Webb: Same-sex...
- Letter: Police brutality
- Frank Pignanelli & LaVarr Webb:... 79
- Letter: Police brutality 57
- Whitt Flora: It's time to put U.S.... 35
- School fees: Is Utah really family... 33
- Richard Davis: The State Board can do... 29
- Robert J. Samuelson: Do Democrats do it... 27
- A. Scott Anderson: The world needs... 26
- Join the discussion: Is Rick Perry's... 24