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The Problem Of Internalization Of Social Costs. The Ideas Of Ronald Coase And The Discovery Of Another Very Important Intuition Of The English Author, Enrico Baffi
enrico baffi
In this paper Coase makes four criticisms to Pigou tradition. Probably the most important one is the criticism that states that it is impossible to have a tax for each externality. this is the less fascinating argument but it is also very convincing. However, in Coase paper, there is an intuition that partially destroys the conclusions that scholars have reached about tort law. Coase teaches us that decoupling in not sufficient to have an efficient result. I f you want that a party bears all the social costs than that party if she moves near a factory she should pay …
Contracting I The -Modern Woerld, Enrico Baffi
Contracting I The -Modern Woerld, Enrico Baffi
enrico baffi
In this paper I want to show that the change that we observe in the way of contracting do not depend by the market powers that firms would have obtained, but it is a phenomenon due to the change in relative costs of activities. There are activities that are labor intensive that must be abandoned in favor of activities that capital intensive, and there are activities that are time consuming that the people do not want to bea, as reading all the contract clauses of a standard form contract, that determine the necessity, probably, if there is not a state …
Contracting In Modern World, Enrico Baffi
Contracting In Modern World, Enrico Baffi
enrico baffi
In this paper I try explore some of the basic features of modern mass contracting. In my opinion, there are basically four characteristics of modern mass contracting: a)he reduced negotiations; b) the dissemination of standard form contracts; c) the presence of abusive clauses; d) and the recapitulation of the contract and its execution in a single act of stipulation. All the changes are the consequences in the changes of relative costs of activities: a) The reduction in negotiations is the result first of all of the costs that this activity requires and of the costs required to manage personalized contracts; …