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- W1036389502 abstract "Duncan Black, the Scottish economist, met Ronald H. Coase in 1932 when they became assistant lecturers at the recently opened the Dundee School of Economics and Commerce, an institution of higher learning modeled after the London School of Economics. In the 1970s and 1980s when he reflected on his work, Black identified and described the influence of Coase’s theory of the firm (1937) and in particular his use of transactions cost on his own theory of the committee (late 1940s through 1958). Black wrote up his reflections on discussions with Coase in the 1930s and 1940s which led to their respective contributions. Black sincerely felt their two theories had common roots. This paper examines Black’s arguments and concludes that Coase had a long lasting effect on Black’s thinking although some of the ideas Black saw in reflection were never fully developed in his work." @default.
- W1036389502 created "2016-06-24" @default.
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- W1036389502 date "2004-04-01" @default.
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- W1036389502 title "Duncan Black and Ronald Coase: A Lifelong Friendship Rooted in Economics" @default.
- W1036389502 doi "https://doi.org/10.1332/251569204x15668904587115" @default.
- W1036389502 hasPublicationYear "2004" @default.
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