The Problem of Social Cost on “Papers Worth The Read”, a list by Erica Fallon on TheLysts.

Details

Photo
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Name
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Title
The Problem of Social Cost
Field
Economics / Law
Why I Read It
Every ops person eventually gets cornered into a 'who pays for the externality' argument at work
Verdict
Coase basically invented the group chat argument about whose fault the delay is. Dense but it RECONFIGURES how you see every contract dispute