"Markets, Firms and Property Rights: A Celebration of the Research of Ronald Coase" (Panel 6)

This panel was recorded on December 5, 2009 as part of the conference "Markets, Firms and Property Rights: A Celebration of the Research of Ronald Coase." The conference brought together a group of scholars to honor the life and research of Ronald Coase. 2009 marked the 50th anniversary of the publication of Coase’s seminal paper on the Federal Communications Commission. 2010 marks the 50th anniversary of the publication of his paper on “The Problem of Social Cost,” and his 100th birthday.

The panel included:

Moderator:
Omri Ben-Shahar, University of Chicago

On the Limited Utility of Taxes as a Solution to the Externality Problem
Steven Shavell, Harvard University

Coase and the Mental Picture of Property Rights
Thomas Merrill, Yale University

Regulation and the Nature of the Firm: The Case of U.S. Regional Airlines
Michael E. Levine, New York University

The event was sponsored by the John M. Olin Program in Law and Economics at the University of Chicago Law School, the Stanford Institute for Economic Policy Research, the Information Economy Project at George Mason University, the Ewing Marion Kauffman Foundation, the China Center for Economic Research, the Milton Friedman Institute for Research in Economics, and the George J. Stigler Center for the Study of the Economy and the State.

Participating faculty: 
Omri Ben-Shahar