tag:blogger.com,1999:blog-6737941.post114657836483067339..comments2024-01-14T17:27:30.511-05:00Comments on Law, Legislation, and Lunacy: Pirates of the Coase TheoremDavidhttp://www.blogger.com/profile/14364155797420903461noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6737941.post-1147017523542218842006-05-07T11:58:00.000-04:002006-05-07T11:58:00.000-04:00But how would they test the Coase Theorem unless t...But how would they test the Coase Theorem unless the right in question is already established? The Coase Theorem more or less requires a legal system to delineate rights in the first place; otherwise, who pays whom to forgo what?<BR/><BR/>You see, this is what happens when you make interesting posts on subject tangentially related to classes I'm taking (law & econ). I can stop writing and pretend like my procrastination is studying. Maybe I should sue you?Anonymousnoreply@blogger.com