The Return of ‘The Nature of the Firm’: The Role of the Blockchain
In this note, I return to Coase (1937), on its 80th anniversary, to assess whether its logic and insight can be reconciled with the blockchain revolution. I argue that, indeed, it can, and propose the existence of a third method of organizing economic activity in a specialized exchange economy, in a...
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| Format: | Article |
| Language: | English |
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The British Blockchain Association
2018-04-01
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| Series: | The Journal of The British Blockchain Association |
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| Online Access: | https://jbba.scholasticahq.com/article/3448-the-return-of-the-nature-of-the-firm-the-role-of-the-blockchain |