Coase's Penguin

GPTKB entity

Statements (66)
Predicate Object
gptkbp:instance_of gptkb:concept
gptkbp:addresses the impact of externalities
gptkbp:advocates_for for minimal government interference
private solutions
gptkbp:affects transaction costs on economic outcomes
gptkbp:analyzes externalities
gptkbp:applies_to public policy
real-world scenarios
law and economics
gptkbp:associated_with Coase theorem
gptkbp:challenges traditional views on regulation
gptkbp:contributed_to the field of law and economics
gptkbp:discusses market failures
gptkbp:encourages the importance of economic incentives
gptkbp:enhances debate on economic policy
gptkbp:examines case studies
economic efficiency
gptkbp:explores social costs
gptkbp:highlights the significance of negotiation in economics
gptkbp:historical_debate economic circles
https://www.w3.org/2000/01/rdf-schema#label Coase's Penguin
gptkbp:influenced_by gptkb:Chicago_School_of_Economics
the late 20th century
the work of earlier economists
gptkbp:introduced Ronald Coase in 1960
gptkbp:is_analyzed_in gptkb:legal_frameworks
gptkbp:is_cited_in research papers
gptkbp:is_compared_to government intervention
gptkbp:is_considered a foundational concept
gptkbp:is_considered_as scholars as a pivotal idea
gptkbp:is_criticized_for some economists
gptkbp:is_described_as resource allocation
academic literature
gptkbp:is_discussed_in policy discussions
economic textbooks
gptkbp:is_influential_in law and policy discussions
gptkbp:is_linked_to the concept of social welfare
gptkbp:is_noted_for its implications on efficiency
gptkbp:is_part_of economic discourse
gptkbp:is_popular_in gptkb:Company
gptkbp:is_recognized_by a significant contribution to economics
gptkbp:is_reflected_in modern economic thought
gptkbp:is_related_to property law
gptkbp:is_studied_in economists
gptkbp:is_supported_by empirical evidence
gptkbp:is_used_in gptkb:government_agency
gptkbp:is_valued_for gptkb:academic_research
its insights on negotiation
gptkbp:lighting the dynamics of bargaining
gptkbp:operates_under the importance of clear property rights
gptkbp:origin Ronald Coase's work
gptkbp:provides framework for understanding transactions
gptkbp:provides_information_on the nature of contracts
gptkbp:public_awareness the role of government
gptkbp:related_to gptkb:Ronald_Coase
economics
property rights
transaction costs
gptkbp:served_in a basis for further research
gptkbp:suitable_for markets can solve disputes
gptkbp:theory the efficiency of private bargaining
gptkbp:training economics courses
gptkbp:translated_into real-world applications
gptkbp:utilizes case law examples
gptkbp:bfsParent gptkb:Yochai_Benkler
gptkbp:bfsLayer 5