"Problems Book to Accompany Mathematics for Economists" is intended to complement any course in quantitative methods in economics, mathematical economics for undergraduate students or introductory mathematical economics for graduate students. It is aimed as an inexpensive supplement to nearly...

Before and after Coase - The Role of Transaction Costs

The modern firm is discussed from the viewpoint of R. Cose’s theory of transaction costs. The issue of management and price mechanism as alternative methods of allocating economic resources is analyzed. The company growth limits are defined and the nature of transaction costs is given,...

This paper supports the view expressed by other authors that Ronald Coase’s ideas are often misrepresented in the academic world. It restates some of Coase’s main findings with special emphasis on their relevance to processes taking place in Eastern Europe. The goal of this paper is to...