The Curious Treatment of the Coase Theorem in the Environmental Economics Literature, 1960–1979
The Curious Treatment of the Coase Theorem in the Environmental Economics Literature, 1960–1979
复制标题
1960-1979 年环境经济学文献中对科斯定理的奇怪处理
DOI:
10.1093/reep/ret020
复制
发表时间:
2014
影响因子:
5.4
通讯作者:
Steven G. Medema
中科院分区:
文献类型:
--
作者:
Steven G. Medema
This article examines the first two decades of the history of the Coase theorem in environmental economics, a period during which the theorem’s validity was widely acknowledged but its relevance for economic analysis of environmental issues was almost universally dismissed. The repeated claims of the theorem’s irrelevance and its dismissive treatment in the literature raise the question of why environmental economists were so interested in the Coase theorem in the first place. Several explanations are offered here including the roots of environmental economic theory in the theory of externalities, economists’ fascination with the interesting and challenging theoretical puzzle posed by the theorem, and the normative and ideological thrust that permeated discussions of the theorem, both within and outside the field of environmental economics. (JEL: B20, D62, K32, Q50, R11)