Does Voluntary Participation Undermine the Coase Theorem

By Avinash Dixit, M. Olson. 2000

248 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Rational Choice and Regional Governance (2007, background): “Although elected officials are expected to be primarily responsive to internal electoral constituencies, motivations unrelated to efficiency may create demands for collaboration.”
Payments for Ecosystem Services: Rife With Problems and Potential—For Transformation Towards Sustainability (2017, background): “Coase argued that precise allocations of property rights and the absence of any costs of information or negotiation would allow two parties to arrive at an advantageous outcome (Dixit & Olson, 2000; Coase, 1960).”
Coalitional Power and Public Goods (2001, background): “(1) In what follows, we depart from the (individualistic) voluntary provisions model by permitting a region to deliberately link up with others.”