CRITIQUE ON RONALD COASE’S ARTICLE ‘THE PROBLEM OF SOCIAL COST’ (1960)

 

A critique of the 1960 article “The Problem of Social Cost” by Ronald Coase

You must provide a critique of the article’s main idea or provide a more detailed justification; provide a glimpse of economic theory that came after the text and/or opposing developed views; introduce your point using a specific piece of jurisprudence (a specific case); or base your argument on market analysis, etc.
It is up to you to specify the concept you wish to criticize and to decide whatever method you wish to use.

The primary subject of the essay must be an economic study of a competition-related legal issue. You can’t only rely on the law. Instead, the economic justification must be discussed in light of how it might be applied legally. The work must include something novel, such as a distinct source, a novel approach perspective, or a fresh comparison.

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