BAFFI, Enrico - In: Journal of Advanced Research in Law and Economics IV (2013) 1, pp. 46-52
This paper examines the positions of Coase and Pigou in regard to the problem of external effects (externalities). Assessing their two most important works, it appears that Coase has a more relevant preference for an evaluation of total efficiency, while Pigou, with some exceptions, is convinced...