Who Won the 1991
Nobel Prize Economics

Ronald Coase

1990 Nobel Prize Economics Winner
1992  Winner

1991 Nobel Prize Economics Photos

Ronald Coase News

1991 Nobel Prize Economics Winner Ronald Coase News

Airplane Seatbacks, the Coase Theorem, and Simplistic Solutions to Difficult ...
Justia Verdict
Ronald Coase was a professor for many years at the University of Chicago. His work has been highly influential, especially in analyzing how business firms operate and evolve. Unfortunately, he also wrote a 1960 article, “The Problem of Social Cost ...

1991 Nobel Prize Economics Winner Ronald Coase News

The economics of reclining your airplane seat aren't so simple
Washington Post (blog)
The theorem in question is named after Ronald Coase, who won the Nobel Prize in 1991 for his work highlighting the importance of “transaction costs” for understanding how political and economic institutions emerge and operate. Coase's basic insight was ...

1991 Nobel Prize Economics Winner Ronald Coase News

The Internal Economics Of Amazon's No Profits Growth Model
Forbes
That first is to think about Amazon and Ronald Coase on the reason that a company exists in the first place. That “Theory of the Firm” was one of the (two, the other being his work on pollution and externalities) reasons why Coase got the Nobel. And ...

1991 Nobel Prize Economics Winner Ronald Coase News

Annals of Commerce: seatbacks and clueless executives
The Reality-Based Community
Ronald Coase is famous for demonstrating that when parties claiming the same resource can negotiate, there's no efficiency loss by unambiguously assigning the resource to one or the other. What matters for GDP is that either the farmer or the cowboy ...

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