Microeconomics · 免费预览

科斯与产权的力量

当产权清晰且谈判成本低廉时,无论权利由谁持有,私人协商都会在有效率产量上使外部性内部化;而当谈判成本高昂时,该定理的承诺就无法实现。

1. The provocative claim

The provocative claim

2. The arithmetic both ways

The arithmetic both ways

3. Where the theorem breaks

Where the theorem breaks

4. The strategic residue

The strategic residue

5. The theorem's content

What does the Coase theorem actually claim?

6. Where it breaks

A city's air pollution harms 200,000 residents and flows from 50 factories. Why does private Coasean bargaining fail here?

7. The bargain's price

The refinery values its 72nd unit of output at 14 dollars while each unit causes 10 dollars of beekeeper damage. If the beekeeper holds the clean-air right, compute the minimum total payment per unit that makes the refinery prefer buying permission over skipping the unit, in dollars, and write the number.

8. What the theorem claims

What does the Coase theorem actually claim?

9. The million-party breakdown

Air pollution harms 200,000 residents and flows from 50 factories. Why does private bargaining fail here?

10. The surplus from stopping

The refinery's 90th unit of output is worth 9 dollars to it while causing 15 dollars of damage. Compute the social gain from not producing that unit, and write the number.

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