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Coase's Irrelevance 'Theorem'

This lesson tries to explain Coasean irrelevance (which is often known as the "Coase Theorem").

Lesson ID:

LCS02

Lesson Completion Time: 45 minutes to 3 hours

CALI Topics: 1L - First Year Lesson Topics, Civil Procedure, Contracts, Business Associations, Legal Concepts and Skills, Property Law, Corporations, Torts, 2L-3L Upper Level Lesson Topics

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Lesson Authors

Nicholas Georgakopoulos,

Harold R. Woodard Professor of Law

Indiana University - Indianapolis School of Law