Coase theorem in English

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{
  "etymology_text": "Introduced by Ronald Coase.",
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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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        [
          "Pareto efficient",
          "Pareto efficient"
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      "raw_glosses": [
        "(economics) 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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        "economics",
        "sciences"
      ],
      "wikipedia": [
        "Ronald Coase"
      ]
    }
  ],
  "word": "Coase theorem"
}

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{
  "etymology_text": "Introduced by Ronald Coase.",
  "head_templates": [
    {
      "args": {},
      "expansion": "Coase theorem",
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        "Pages with entries",
        "en:Economics"
      ],
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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."
      ],
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "trade",
          "trade"
        ],
        [
          "externality",
          "externality"
        ],
        [
          "possible",
          "possible"
        ],
        [
          "transaction",
          "transaction"
        ],
        [
          "cost",
          "cost"
        ],
        [
          "bargain",
          "bargain"
        ],
        [
          "Pareto efficient",
          "Pareto efficient"
        ],
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          "outcome",
          "outcome"
        ],
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          "allocation",
          "allocation"
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        "(economics) 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."
      ],
      "topics": [
        "economics",
        "sciences"
      ],
      "wikipedia": [
        "Ronald Coase"
      ]
    }
  ],
  "word": "Coase theorem"
}

This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2025-06-18 from the enwiktionary dump dated 2025-06-01 using wiktextract (074e7de and f1c2b61). 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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"Coase theorem" meaning in English

Proper name