1991
Ronald H. Coase
Picture
(1910 - 2013)
Nationality
British
Area of specialisation
Theory of market institutions
Price Motivation
For his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy
Affiliation at the time of Award
University of Chicago, Chicago, IL, USA
CONTRIBUTION
Important contributions on the borderline between economics, law and organization
PUBLICATIONS
1, The Nature of the Firm. Economics (1937) 2, The Problem of the Social Cost. (1960) 3, The conduct of Economics: The Example of Fisher Body and General Motors. (2006) 4, How China Became Capitalist (2012)