On Thu, Dec 25, 2025 at 02:08 PM, Jim Farmelant wrote: > > Ronald Coase was awarded the Nobel Memorial Prize in economics back in > 1991. His papers were generally lacking in mathematics.
Also lacking in his "Problem of Social Cost" was realization that SOCIAL costs could not be appropriately modeled as two-person games. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#39857): https://groups.io/g/marxmail/message/39857 Mute This Topic: https://groups.io/mt/116944738/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
