Theorem De Coase

– One is based on the analysis of the individual human action, since it takes into account that the individual rationally tries to maximize its well-being because the goods are little. B) Analytical model. – It is the market like method of resource allocation, by means of the economy, for his later application to the right. C) Model Rational Man. – One is based very on the model of a man careful and foresighted ex ante, unlike the legal model he is post. D) Level De Optimizacin.

– Better advantage of the limited resources. E) Theorem De Coase. – In summary, to reduce to the costs of economic transaction or hiring not only. F) Costs De Transaccin. – They are the obstacles that the contracting parts can find in the search of the efficiency. G) Costs De Oportunidad. – They are those costs to which it must resign to obtain something. IV.

MAIN EXPONENTS OF ECONOMY INSTITUCIONALISTA (FUENTE DE LOS PRINCIPALES APORTES OF THE AED). – A) John R. Commons (1862 – the 1945 USA). – The paper of the State Investigated and proposed the development of one institutional economy like synthesis of the political economy, the right and the ethics. B) Kenneth Arrow (the 1921 USA Nobel prize 1972). – The intransitividad of the social preferences Raises affirming that a democratic form of voting does not exist that allows a transient and rational social election and that therefore, the unique one constitution that would allow to make stable and nonambiguous decisions serious the one of a unipersonal dictatorship or when the election possibilities are reduced to two. C) Ronald H. Coase (1910 UK Nobel prize 1941). – Initiator of the AED. it discovers and it classifies the meaning of the transaction costs and the DD of property for the institutional structure and the operation of the economy.