Graff, Richard A.; Kairys Jr., Joseph P. - Nationalekonomiska institutionen, Handelshögskolan - 2005
– from a Coasian property rights perspective. Building upon the work of Coase, Demsetz and Cheung, we develop an enabling … is relaxed in the analysis of corporate leverage, either long-lived transaction costs related to property rights must be … explicitly assumed away, or long-lived transaction costs related to property rights must be incorporated into the analysis. <p> …