Anticommons, the Coase Theorem and the problem of bundling inefficiency
The Coase theorem is most often formulated in terms of bi-lateral monopoly, for instance between a polluting factory and an affected neighbour. Instead, we introduce multiple affected neighbours and the concept of anticommons, in which autonomous actors with separate yet necessarily complementary i...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Utrecht University Library Open Access Journals (Publishing Services)
2016-02-01
|
| Series: | International Journal of the Commons |
| Subjects: | |
| Online Access: | https://www.thecommonsjournal.org/articles/614 |