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Home > Principles of Microeconomics (Video) > The Coase Theorem
Podcast: Principles of Microeconomics (Video)
Episode:

The Coase Theorem
Category: Education
Duration: 00:08:16
Publish Date: 0000-00-00 00:00:00
Description: In this video, we show how bees and pollination demonstrate the Coase Theorem in action: when transaction costs are low and property rights are clearly defined, private arrangements ensure that the market works even when there are externalities. Under...
Total Play: 1