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The Coase Theorem and Ideal Exchanges (2504.11484v4)

Published 14 Apr 2025 in econ.TH and math.LO

Abstract: This paper offers a proof of the Coase theorem by formalizing the notion of ideal exchanges.

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  1. Prescriptive exchange rule given rational preferences and an initial allocation
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Authors (1)

  1. Daniel Lü
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