In 1937, Ronald H. Coase published "The Nature of the Firm," a classic paper that raised fundamental questions about the concept of the firm in economic theory. Coase proposed that the comparative costs of organizing transactions through markets rather than within firms are the primary determinants of the size and scope of firms. Coase won the 1991 Nobel Prize in Economics for this work. This volume derives from a conference held in 1987 to commemorate the fiftieth anniversary of the publication of Coase's classic article. The first chapter affords an overview of the volume. It is followed by a republication of the 1937 article, and by the three lectures Coase presented at the conference. These lectures provide a lively and informative history of the origins and development of his thought. Subsequent chapters explore a wide-range of theoretical and empirical issues that have arisen in the transaction cost economic tradition. They illustrate the power of the transaction cost approach to enhance understanding not only of business firms, but of problems of economic organization generally. In addition to Coase's work, contributors include Sherwin Rosen, Paul Joskow, Oliver Hart, Harold Demsetz, Scott Masten, Benjamin Klein, as well as the volume's editors, Oliver E. Williamson, and Sidney G. Winter. The Nature of the Firm includes Coase's acceptance speech for his Nobel Prize in Economics.
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科斯老爷子反反复复地说公司之所以存在是因为能减少在公开市场上（使用价格系统）的交易成本，或者说企业家、管理者对资源的指导再分配在一定规模内是比有成本的公开市场更有效率的。准确的语言和清晰的逻辑，纯粹脱离数学，如辩论般的一步步论证，现在很少再见到了。而几篇回忆年轻求学时自己起如何受到导师影响，如何在美国工厂和人谈话，产生想法，最后隔了几十年交易成本的理论被大家慢慢开始接受也很有意思。现在是数学工具、电脑模型越来越发达，人的头脑逻辑思考能力越来越弱，真难想象他们当年的讨论课会是如何的火花四溅。
评分read like 30 pages for my micro class
评分对于企业的本质当然要看Coase的1937年版本，具有批判性且影响深远的著作。
评分read like 30 pages for my micro class
评分对于企业的本质当然要看Coase的1937年版本，具有批判性且影响深远的著作。
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