Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)

Ronald H. Coase has made significant contributions to the development of the Law and economics approach as an economist. For this reason, the main purpose of this article is to examine Coase’s methodology. With the help of his articles in this direction, his views on the science of law and economics...

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Main Author: Ahmet Emrah TAYYAR
Format: Article
Language:deu
Published: Celal Bayar University 2020-08-01
Series:Yönetim ve Ekonomi
Subjects:
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author Ahmet Emrah TAYYAR
author_facet Ahmet Emrah TAYYAR
author_sort Ahmet Emrah TAYYAR
collection DOAJ
description Ronald H. Coase has made significant contributions to the development of the Law and economics approach as an economist. For this reason, the main purpose of this article is to examine Coase’s methodology. With the help of his articles in this direction, his views on the science of law and economics, Criticisms made to him and his solution to the problem of externality were analyzed. According to this, giving importance to Reality in economics, avoiding mathematical techniques and being against economic imperialism show Coase’s methodological differences. Examining the working principle of economic systems to benefit from legal cases has brought a new solution to the problem of externality. In this paralel, the solution of Coase is based on the obligations of both sides and the problems of externality with lower cost are solved by mutual agreement of the parties without state regulations. However, property rights must be clearly defined in order for the parties to tend to agree. Thus, Coase’s methodology emphasizes the importance of law in the economic problems.
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spelling doaj.art-ad9644d40e9c47f0b43cd7e4367e3b8b2023-02-15T16:17:13ZdeuCelal Bayar UniversityYönetim ve Ekonomi1302-00641302-00642020-08-0127219921710.18657/yonveek.605913Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)Ahmet Emrah TAYYARRonald H. Coase has made significant contributions to the development of the Law and economics approach as an economist. For this reason, the main purpose of this article is to examine Coase’s methodology. With the help of his articles in this direction, his views on the science of law and economics, Criticisms made to him and his solution to the problem of externality were analyzed. According to this, giving importance to Reality in economics, avoiding mathematical techniques and being against economic imperialism show Coase’s methodological differences. Examining the working principle of economic systems to benefit from legal cases has brought a new solution to the problem of externality. In this paralel, the solution of Coase is based on the obligations of both sides and the problems of externality with lower cost are solved by mutual agreement of the parties without state regulations. However, property rights must be clearly defined in order for the parties to tend to agree. Thus, Coase’s methodology emphasizes the importance of law in the economic problems.coase theoremtransaction costthe law and economics approachexternality.
spellingShingle Ahmet Emrah TAYYAR
Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)
Yönetim ve Ekonomi
coase theorem
transaction cost
the law and economics approach
externality.
title Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)
title_full Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)
title_fullStr Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)
title_full_unstemmed Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)
title_short Hukuk ve İktisat Yaklaşımında Bir İktisatçı: Ronald H. Coase(An Economist In The Law and Economics Approach: Ronald H. Coase)
title_sort hukuk ve iktisat yaklasiminda bir iktisatci ronald h coase an economist in the law and economics approach ronald h coase
topic coase theorem
transaction cost
the law and economics approach
externality.
work_keys_str_mv AT ahmetemrahtayyar hukukveiktisatyaklasımındabiriktisatcıronaldhcoaseaneconomistinthelawandeconomicsapproachronaldhcoase