Ronald Coase

E103392

Ronald Coase was a British economist and Nobel laureate best known for his work on transaction costs, property rights, and the nature of the firm, which became foundational to law and economics and the Chicago School tradition.

All labels observed (4)

Label Occurrences
Ronald Coase canonical 9
Coase 1
Ronald H. Coase 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Nobel laureate in Economics
economist
human
awardReceived Nobel Memorial Prize in Economic Sciences
Nobel Memorial Prize in Economic Sciences
surface form: Nobel Prize in Economics 1991
citizenship British
countryOfCitizenship United Kingdom
dateOfBirth 1910-12-29
dateOfDeath 2013-09-02
educatedAt London School of Economics
University of London
employer London School of Economics
University of Chicago Law School
University of Virginia
familyName Ronald Coase self-linksurface differs
surface form: Coase
fieldOfWork economics
institutional economics
law and economics
microeconomics
fullName Ronald Coase self-linksurface differs
surface form: Ronald Harry Coase
gender male
givenName Ronald
influenced Chicago School economics
surface form: Chicago School of economics

law and economics movement
new institutional economics
transaction cost economics
influencedBy Alfred Marshall
Frank Knight
Ronald A. Fisher
surface form: Ronald Fisher
knownFor Coase theorem
foundational contributions to law and economics
influence on the Chicago School of economics
property rights theory
theory of the firm
transaction cost economics
language English
NobelPrizeMotivation for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy
NobelPrizeYear 1991
notableWork "The Nature of the Firm"
The Problem of Social Cost
surface form: "The Problem of Social Cost"
placeOfBirth Willesden, London, England
placeOfDeath Chicago, Illinois, United States
positionHeld Clifton R. Musser Professor of Economics
editor of the Journal of Law and Economics
spouse Marion Ruth Hartung Coase
theoreticalContribution analysis of why firms exist and their boundaries based on transaction costs
argument that in the presence of zero transaction costs, resource allocation is invariant to legal rules (Coase theorem)
emphasis on the role of legal rules and property rights in economic efficiency

How these facts were elicited

Referenced by (12)

Full triples — surface form annotated when it differs from this entity's canonical label.

Coase theorem namedAfter Ronald Coase
Coase theorem relatedTo Ronald Coase
Coase theorem proposedBy Ronald Coase
Ronald Coase familyName Ronald Coase self-linksurface differs
this entity surface form: Coase
Ronald Coase fullName Ronald Coase self-linksurface differs
this entity surface form: Ronald Harry Coase
Oliver E. Williamson influencedBy Ronald Coase
University of Chicago Department of Economics hasNotableFaculty Ronald Coase
this entity surface form: Ronald H. Coase