In the past decade, the legal and economic literature on blockchain technology and its applications has flourished. This new technology holds great promise for enhancing the efficiency of contracting. Building on the classic Coase theorem, blockchain as a decentralised mechanism of...

Zaklan (2023) examines the coasean independence property in the EU-ETS. To test this property, the author studies whether emissions are independent from the free allowance allocation. Some allowances were given for free to all EU Member States until 2012. From 2013 allowances were fully...

The Coase theorem has been shrouded in ambiguity and confusion throughout its life, this despite the prominent role that it plays in economic and legal analysis. As this paper demonstrates, this is no less true of the path by which Coase came to the result that bears his name. Drawing on...