See Coase theorem on Wiktionary
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"A theorem stating that, if trade in an externality is possible and there are sufficiently low transaction costs, bargaining will lead to a Pareto efficient outcome regardless of the initial allocation of property."
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Download raw JSONL data for Coase theorem meaning in All languages combined (1.3kB)
This page is a part of the kaikki.org machine-readable All languages combined dictionary. This dictionary is based on structured data extracted on 2025-01-20 from the enwiktionary dump dated 2025-01-01 using wiktextract (ee63ee9 and 4230888). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.
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