Investopedia

Continue to Site »

Ronald H. Coase

Filed Under » ,
Dictionary Says

Definition of 'Ronald H. Coase'

A British economist who won the 1991 Nobel Memorial Prize in Economics for his research on transaction costs and property rights. The award was based on two of his most well-known articles, "The Nature of the Firm" and "The Problem of Social Cost."
Investopedia Says

Investopedia explains 'Ronald H. Coase'

Coase was born in England in 1910 and earned his Ph.D. in economics from the London School of Economics. He has been a professor at the University of Chicago since 1964, and has also taught at the University of Buffalo and University of Virginia at Charlottesville. Coase was editor of the Journal of Law and Economics for nearly two decades and has been a member of the Mont Pelerin Society, an international organization of influential classical liberals.

Articles Of Interest

  1.

    4 Misconceptions About Free Markets

    These fallacies have hounded free market economists since the days of Adam Smith.

  2. The Austrian School Of Economics

    If you think economists are only concerned with numbers, check out this group, who are more like economic philosophers.

  3. Why Can't Economists Agree?

    There are many reasons why economists can be given the same data and come up with entirely different conclusions.

  4. How Influential Economists Changed Our History

    Find out how these five groundbreaking thinkers laid our financial foundations.

  5. Free Market Maven: Milton Friedman

    As proponent of free market capitalism, this economist changed the way the world's economies operate.

  6. What is the Mont Pelerin Society?

    The Mont Pelerin Society was formed in 1947 when economist Friedrich von Hayek invited 39 people to meet at Mont Pelerin in Switzerland. Mostly made up of economists, the group was brought together ...

  7. Adam Smith: The Father Of Economics

    This free thinker promoted free trade at a time when governments controlled most commercial interests.

  8. Leading Economic Indicators Predict Market Trends

    Leading indicators help investors to predict and react to where the market is headed.

  9. Hetty Green: The Witch Of Wall Street

    Hetty Green was the richest woman of her time and possibly the first value investor, yet she's not remembered kindly.

  10. Muriel Siebert: Female Finance Pioneer

    Muriel Siebert has blazed many paths for investors, but is especially relevant as the first woman to sit on the NYSE.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center