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coase

 

Definitions from the Web

Coase

Noun

A noun referring to Ronald H. Coase, a British economist and Nobel laureate.

Sense 1

Definition: Ronald H. Coase (1910-2013) was a renowned British economist known for his research on transaction costs and the theory of the firm.

Example sentence: Coase's seminal work on the nature of the firm revolutionized the field of economics.

Related products: Books by Ronald H. Coase

Verb

A verb referring to the act of engaging in Coasean bargaining, named after Ronald H. Coase.

Sense 1

Definition: To engage in Coasean bargaining, a negotiation that aims to reach an efficient allocation of resources despite transaction costs.

Example sentence: The two companies decided to coase their dispute rather than going to court, resulting in a mutually beneficial agreement.

Adjective

An adjective describing something popular or local.

Sense 1

Definition: Popular or widely accepted among the masses or within a specific locality.

Example sentence: The food truck is known for its coase burgers, which have become a local sensation.

Related products: Popular products on Amazon

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