{"id":"https://openalex.org/W2780969191","doi":"https://doi.org/10.1521/siso.2018.82.1.38","title":"Coasean Theory of Property Rights and Law Revisited: A Critical Inquiry","display_name":"Coasean Theory of Property Rights and Law Revisited: A Critical Inquiry","publication_year":2017,"publication_date":"2017-12-21","ids":{"openalex":"https://openalex.org/W2780969191","doi":"https://doi.org/10.1521/siso.2018.82.1.38","mag":"2780969191"},"language":"en","primary_location":{"id":"doi:10.1521/siso.2018.82.1.38","doi":"https://doi.org/10.1521/siso.2018.82.1.38","is_oa":false,"landing_page_url":"https://doi.org/10.1521/siso.2018.82.1.38","pdf_url":null,"source":{"id":"https://openalex.org/S131679521","display_name":"Science & Society","issn_l":"0036-8237","issn":["0036-8237","1943-2801"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-b","anvur-scientific","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310315796","host_organization_name":"Guilford Press","host_organization_lineage":["https://openalex.org/P4310315796"],"host_organization_lineage_names":["Guilford Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Science &amp; Society: A Journal of Marxist Thought and Analysis","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5089318403","display_name":"Giorgos Meramveliotakis","orcid":"https://orcid.org/0000-0003-1322-8533","observed_orcids":["https://orcid.org/0000-0003-1322-8533"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Giorgos Meramveliotakis","raw_affiliation_strings":["Bakogianni, 38, 71410 Heraclion, Crete, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bakogianni, 38, 71410 Heraclion, Crete, Greece","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038680910","display_name":"Dimitris Milonakis","orcid":"https://orcid.org/0000-0002-0019-9289","observed_orcids":["https://orcid.org/0000-0002-0019-9289"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Dimitris Milonakis","raw_affiliation_strings":["Karditsas 54-6, K. Halandri, 15231, Athens, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Karditsas 54-6, K. Halandri, 15231, Athens, Greece","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3650,"currency":"USD","value_usd":3650},"apc_paid":null,"fwci":0.9177,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.81176125,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":98},"biblio":{"volume":"82","issue":"1","first_page":"38","last_page":"66"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.7929999828338623,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.7929999828338623,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13138","display_name":"Legal and Constitutional Studies","score":0.17409999668598175,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.023800000548362732,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/coase-theorem","display_name":"Coase theorem","score":0.9290000200271606},{"id":"https://openalex.org/keywords/property-rights","display_name":"property rights","score":0.9580000042915344},{"id":"https://openalex.org/keywords/externalities","display_name":"externalities","score":0.9369999766349792},{"id":"https://openalex.org/keywords/law-and-economics","display_name":"law and economics","score":0.8009999990463257},{"id":"https://openalex.org/keywords/market-completeness","display_name":"complete markets","score":0.3619999885559082},{"id":"https://openalex.org/keywords/social-structure","display_name":"social structure","score":0.546999990940094},{"id":"https://openalex.org/keywords/power-and-conflict","display_name":"power and conflict","score":0.9509999752044678},{"id":"https://openalex.org/keywords/pigou","display_name":"Pigou","score":0.5419999957084656},{"id":"https://openalex.org/keywords/legal-doctrine","display_name":"legal doctrine","score":0.46299999952316284}],"concepts":[{"id":"https://openalex.org/C79202496","wikidata":"https://www.wikidata.org/wiki/Q1050037","display_name":"Coase theorem","level":3,"score":0.9888409376144409},{"id":"https://openalex.org/C79108098","wikidata":"https://www.wikidata.org/wiki/Q624672","display_name":"Pigou effect","level":2,"score":0.7377768754959106},{"id":"https://openalex.org/C16118543","wikidata":"https://www.wikidata.org/wiki/Q275372","display_name":"Externality","level":2,"score":0.7364718317985535},{"id":"https://openalex.org/C86511162","wikidata":"https://www.wikidata.org/wiki/Q8799101","display_name":"Property rights","level":2,"score":0.7035534381866455},{"id":"https://openalex.org/C2776211767","wikidata":"https://www.wikidata.org/wiki/Q117850","display_name":"Doctrine","level":2,"score":0.6632530689239502},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6097277402877808},{"id":"https://openalex.org/C2777644927","wikidata":"https://www.wikidata.org/wiki/Q2300947","display_name":"Social cost","level":2,"score":0.5835596323013306},{"id":"https://openalex.org/C189950617","wikidata":"https://www.wikidata.org/wiki/Q937228","display_name":"Property (philosophy)","level":2,"score":0.5554929375648499},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.48191049695014954},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.3533514738082886},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.33983296155929565},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.33976924419403076},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.28592443466186523},{"id":"https://openalex.org/C98965940","wikidata":"https://www.wikidata.org/wiki/Q877496","display_name":"Transaction cost","level":2,"score":0.2691589891910553},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.18783307075500488},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.16106414794921875},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.10634744167327881},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0700744092464447}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1521/siso.2018.82.1.38","doi":"https://doi.org/10.1521/siso.2018.82.1.38","is_oa":false,"landing_page_url":"https://doi.org/10.1521/siso.2018.82.1.38","pdf_url":null,"source":{"id":"https://openalex.org/S131679521","display_name":"Science & Society","issn_l":"0036-8237","issn":["0036-8237","1943-2801"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-b","anvur-scientific","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310315796","host_organization_name":"Guilford Press","host_organization_lineage":["https://openalex.org/P4310315796"],"host_organization_lineage_names":["Guilford Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Science &amp; Society: A Journal of Marxist Thought and Analysis","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions","score":0.8046000003814697}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W193385447","https://openalex.org/W619054075","https://openalex.org/W865532270","https://openalex.org/W1492794030","https://openalex.org/W1496954037","https://openalex.org/W1559813403","https://openalex.org/W1583164631","https://openalex.org/W1980866946","https://openalex.org/W1985728017","https://openalex.org/W1995631750","https://openalex.org/W2015930340","https://openalex.org/W2063607943","https://openalex.org/W2066979365","https://openalex.org/W2070564963","https://openalex.org/W2084555710","https://openalex.org/W2094634882","https://openalex.org/W2131740028","https://openalex.org/W2160395699","https://openalex.org/W2166121525","https://openalex.org/W2175389046","https://openalex.org/W2316563059","https://openalex.org/W2326585268","https://openalex.org/W2329121266","https://openalex.org/W3128253106","https://openalex.org/W4236986041","https://openalex.org/W4247088218","https://openalex.org/W6651606852","https://openalex.org/W6654514807"],"related_works":["https://openalex.org/W4252533156","https://openalex.org/W2904356098","https://openalex.org/W2007303548","https://openalex.org/W1579170103","https://openalex.org/W1582121841","https://openalex.org/W6888839451","https://openalex.org/W2352524659","https://openalex.org/W2557492949","https://openalex.org/W39010413","https://openalex.org/W2373351265"],"abstract_inverted_index":{"Ronald":[0],"Coase's":[1],"famous":[2],"Theorem":[3,107],"states":[4],"that":[5,12,130],"externalities":[6],"-":[7,20],"third-party":[8],"effects":[9],"of":[10,17,61,82,97,104,120,139],"transactions":[11],"undermine":[13],"the":[14,33,91,105,109,117],"supposed":[15],"optimality":[16],"competitive":[18],"equilibrium":[19],"do":[21],"not":[22],"need":[23],"to":[24],"be":[25,134],"corrected":[26],"by":[27,36,56,112],"active":[28],"government":[29],"policy,":[30],"as":[31,54],"in":[32,45],"classical":[34],"presentation":[35],"A.":[37],"C.":[38],"Pigou,":[39],"if":[40],"there":[41],"are":[42],"complete":[43],"markets":[44],"property":[46,99],"rights.":[47,100],"This":[48,101],"Theorem,":[49],"however,":[50,74],"is":[51],"inherently":[52],"flawed,":[53],"revealed":[55],"\u201cinternal\u201d":[57],"or":[58],"\u201cimmanent\u201d":[59],"critique":[60],"its":[62,69,127],"assumptions.":[63],"It":[64],"thus":[65],"fails,":[66],"even":[67],"on":[68,136],"own":[70],"terms.":[71],"Beyond":[72],"this,":[73],"a":[75,94],"more":[76],"radical":[77,102],"critique,":[78],"which":[79],"foregrounds":[80],"issues":[81],"social":[83,85],"structure,":[84],"relations,":[86],"power":[87],"and":[88,108,122,125],"conflict,":[89],"forms":[90],"basis":[92],"for":[93,116,126],"comprehensive":[95],"analysis":[96,103],"(capitalist)":[98],"Coase":[106],"debate":[110],"spawned":[111],"it":[113],"has":[114],"implications":[115],"entire":[118],"field":[119],"\u201claw":[121],"economics\u201d":[123],"studies,":[124],"central":[128],"notion":[129],"legal":[131],"doctrine":[132],"can":[133],"based":[135],"any":[137],"set":[138],"pure":[140],"efficiency":[141],"criteria.":[142]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2018-01-05T00:00:00"}
