Steven G. Medema

Duke University - Department of Economics

Research Professor

213 Social Sciences Building

Box 90097

Durham, NC 27708-0204

United States

  • Duke University - Department of Economics

SCHOLARLY PAPERS

32

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52

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34

Scholarly Papers (32)

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1.

The Jurisprudential Niche of Law and Economics

Economics and the Law, August 2006, MSU Legal Studies Research Paper No. 03-20
Number of pages: 80 Posted: 23 Mar 2006
Nicholas Mercuro and Steven G. Medema
Michigan State University College of Law and Duke University - Department of Economics
Downloads 936 (43,586)

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Law, economics

2.

Adam Smith and the Chicago School

Number of pages: 29 Posted: 15 May 2006
Steven G. Medema
Duke University - Department of Economics
Downloads 733 (60,706)
Citation 3

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Adam Smith, Chicago School

3.

A Case of Mistaken Identity: George Stigler, 'The Problem of Social Cost,' and the Coase Theorem

European Journal of Law and Economics, Forthcoming
Number of pages: 51 Posted: 01 Aug 2010
Steven G. Medema
Duke University - Department of Economics
Downloads 721 (62,086)
Citation 8

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Coase theorem, Coase, Stigler

4.

Chicago Law and Economics

Number of pages: 28 Posted: 03 Jul 2004
Steven G. Medema
Duke University - Department of Economics
Downloads 707 (63,704)
Citation 2

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Chicago school, history, Coase

5.

Of Coase and Carbon: The Coase Theorem in Environmental Economics, 1960-1979

Number of pages: 58 Posted: 19 Sep 2011 Last Revised: 18 Jun 2014
Steven G. Medema
Duke University - Department of Economics
Downloads 620 (75,265)
Citation 7

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Coase theorem, environmental economics, property rights, transaction costs

6.

Defining Economics: Robbins's Essay in Theory and Practice

Number of pages: 36 Posted: 13 Mar 2007
Roger Backhouse and Steven G. Medema
University of Birmingham - Department of Economics and Duke University - Department of Economics
Downloads 606 (77,398)
Citation 11

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definition of economics, choice, scarcity

7.

Identifying a 'Chicago School' of Economics: On the Origins, Diffusion, and Evolving Meanings of a Famous Brand Name

Center for the History of Political Economy at Duke University Working Paper Series
Number of pages: 52 Posted: 18 Nov 2021 Last Revised: 22 Sep 2022
Steven G. Medema
Duke University - Department of Economics
Downloads 423 (119,869)

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8.

Economists and the Analysis of Government Failure: Fallacies in the Chicago and Virginia Interpretations of Cambridge Welfare Economics

Cambridge Journal of Economics, Forthcoming
Number of pages: 28 Posted: 06 Dec 2006 Last Revised: 30 Jan 2012
Roger Backhouse and Steven G. Medema
University of Birmingham - Department of Economics and Duke University - Department of Economics
Downloads 397 (129,363)
Citation 1

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Public Choice, Chicago School, Cambridge School, Economic Role of Government

9.

Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker?

Downloads 387 (132,735)

Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker?

Number of pages: 24 Posted: 02 Jul 2004
Steven G. Medema
Duke University - Department of Economics
Downloads 387 (131,624)

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Bentham, Sidgwick, utilitarianism

Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker?

American Law and Economics Review, Vol. 9, No. 1, 2007
Posted: 22 Jun 2007
Steven G. Medema
Duke University - Department of Economics

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Bentham, Sidgwick, utilitarianism

Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker?

American Law and Economics Review, Vol. 9, Issue 1, pp. 30-47, 2007
Posted: 16 Jun 2008
Steven G. Medema
Duke University - Department of Economics

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10.

Identifying a ‘Chicago School’ of Economics: On the Origins, Evolution, and Evolving Meanings of a Famous Brand Name

Number of pages: 45 Posted: 14 Aug 2014
Steven G. Medema
Duke University - Department of Economics
Downloads 373 (138,287)
Citation 5

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Chicago school, economics

11.

Harnessing Self-Interest: Mill, Sidwick, and the Evolution of the Theory of Market Failure

Number of pages: 34 Posted: 01 Jul 2004
Steven G. Medema
Duke University - Department of Economics
Downloads 333 (156,363)
Citation 2

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Mill, Sidgwick, market failure, government

12.

Rethinking Market Failure: 'The Problem of Social Cost' Before the 'Coase Theorem'

Number of pages: 68 Posted: 13 Dec 2012 Last Revised: 17 Nov 2017
Steven G. Medema
Duke University - Department of Economics
Downloads 282 (186,876)
Citation 5

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Coase theorem, externalities, market failure

13.

'Exceptional and Unimportant'? The Rise, Fall, and Rebirth of Externalities in Economic Analysis

Number of pages: 46 Posted: 23 Oct 2017 Last Revised: 24 Oct 2017
Steven G. Medema
Duke University - Department of Economics
Downloads 241 (217,731)
Citation 6

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Externalities, Social Cost, PIgou, Coase, Competitive Equilibrium

14.

What Happened on Blackstone Avenue? Recovering the Origins of the Coase Theorem

Center for the History of Political Economy at Duke University Working Paper Series
Number of pages: 44 Posted: 16 Jul 2021 Last Revised: 17 May 2023
Steven G. Medema
Duke University - Department of Economics
Downloads 220 (237,694)
Citation 1

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Ronald Coase, transaction costs, Coase theorem, externalities

15.

Neither Misunderstood Nor Ignored: The Early Reception of Coase's Wider Challenge to the Analysis of Externalities

History of Economic Ideas, 24, 2014
Number of pages: 35 Posted: 14 Aug 2014
Steven G. Medema
Duke University - Department of Economics
Downloads 189 (273,014)

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Coase theorem, externalities, social cost

16.

'Marginalizing' Government: From La Scienza Delle Finanze to Wicksell

History of Political Economy, Vol. 37, Spring 2005
Number of pages: 32 Posted: 03 Jul 2004
Steven G. Medema
Duke University - Department of Economics
Downloads 180 (284,949)
Citation 3

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Italian School, Wicksell, public goods, optimality

17.

Theorizing Public Expenditures: Welfare Theorems, Market Failures, and the Turn From 'Public Finance' to 'Public Economics'

Number of pages: 50 Posted: 19 Oct 2022 Last Revised: 17 May 2023
Steven G. Medema
Duke University - Department of Economics
Downloads 167 (303,999)

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Public Finance, Public Economics, Welfare Economics, Externalities, Public Goods, Cost-Benefit Analysis, Musgrave

18.

On 'Defunct Economists' and the Use of Economic Ideas

Number of pages: 5 Posted: 13 Dec 2022 Last Revised: 13 Aug 2023
Steven G. Medema
Duke University - Department of Economics
Downloads 161 (313,568)

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19.

Debating Law's Irrelevance: Legal Scholarship and the Coase Theorem in the 1960s

Texas A&M Law Review 2 (December 2014).
Number of pages: 70 Posted: 13 Dec 2012 Last Revised: 13 Aug 2014
Steven G. Medema
Duke University - Department of Economics
Downloads 149 (334,550)
Citation 3

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Coase theorem, law and economics

20.

In Search of Santa Claus: Samuelson, Stigler, and Coase Theorem Worlds

Center for the History of Political Economy at Duke University Working Paper Series
Number of pages: 28 Posted: 28 Sep 2021 Last Revised: 03 Nov 2021
Steven G. Medema
Duke University - Department of Economics
Downloads 148 (336,347)
Citation 8

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Coase theorem, Samuelson, Stigler, externalities, bargaining

21.

How Textbooks Create Knowledge and Meaning: The Case of the Coase Theorem in Intermediate Microeconomics

Number of pages: 40 Posted: 14 Aug 2014
Steven G. Medema
Duke University - Department of Economics
Downloads 143 (345,708)
Citation 5

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Coase theorem, textbooks, externalities, microeconomics

22.

Embracing at Arm’s Length: Ronald Coase’s Uneasy Relationship with the Chicago School

Downloads 139 (353,517)
Citation 1

Embracing at Arm’s Length: Ronald Coase’s Uneasy Relationship with the Chicago School

Center for the History of Political Economy at Duke University Working Paper Series, No. 2019-15
Number of pages: 31 Posted: 12 Aug 2019
Steven G. Medema
Duke University - Department of Economics
Downloads 92 (479,554)

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Embracing at Arm’s Length: Ronald Coase’s Uneasy Relationship with the Chicago School

Number of pages: 30 Posted: 02 Aug 2019
Steven G. Medema
Duke University - Department of Economics
Downloads 47 (690,400)

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Ronald Coase, Chicago School, Milton Friedman, George Stigler Methodology, Economics Imperialism

23.

Juris Prudence: Calabresi's Uneasy Relationship with the Coase Theorem

Number of pages: 42 Posted: 13 Dec 2012
Steven G. Medema
Duke University - Department of Economics
Downloads 139 (353,517)
Citation 5

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Coase theorem, Calabresi, law and economics

24.

Textbooks as Data for the Study of the History of Economics: Lowly Beast or Fruitful Vineyard?

Number of pages: 32 Posted: 13 Sep 2011
Steven G. Medema
Duke University - Department of Economics
Downloads 138 (355,455)
Citation 5

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Coase theorem, textbooks

25.

Between LSE and Cambridge: Accounting for Ronald Coase’s Fascination with Alfred Marshall

Downloads 133 (365,662)

Between LSE and Cambridge: Accounting for Ronald Coase’s Fascination with Alfred Marshall

Number of pages: 50 Posted: 11 Oct 2018
Steven G. Medema
Duke University - Department of Economics
Downloads 73 (552,860)

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Ronald Coase, Alfred Marshall, Biography, Methodology

Between LSE and Cambridge: Accounting for Ronald Coase’s Fascination with Alfred Marshall

Center for the History of Political Economy at Duke University Working Paper Series, No. 2019-14
Number of pages: 51 Posted: 12 Aug 2019
Steven G. Medema
Duke University - Department of Economics
Downloads 60 (614,688)

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26.

'Exceptional and Unimportant'? Externalities, Competitive Equilibrium, and the Myth of a Pigovian Tradition

Number of pages: 50 Posted: 14 Aug 2018
Steven G. Medema
Duke University - Department of Economics
Downloads 122 (390,360)
Citation 3

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Externalities, Welfare Economics, Pigovian Tradition

27.

Those Crazy Transaction Costs: On the Irrelevance of the Equivalence between Monetary Damages and Specific Performance

Number of pages: 8 Posted: 25 Jul 2011
Gregory J. DeAngelo and Steven G. Medema
Claremont Colleges - Claremont Graduate University and Duke University - Department of Economics
Downloads 105 (435,156)

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Coase Theorem, Specific Performance, Monetary Damages

28.

One Man a Committee Does Not Make: Henry Manne, the AEA-AALS Joint Committee, and the Struggle to Institutionalize Law and Economics

Number of pages: 47 Posted: 23 Dec 2022 Last Revised: 13 Aug 2023
David Gindis and Steven G. Medema
University of Warwick - Warwick Law School and Duke University - Department of Economics
Downloads 97 (459,496)

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Law and economics, Henry Manne, American Economic Association, Association of American Law Schools, products liability, George Stigler, Roland McKean

29.

Public Choice and the Notion of Creative Communities

History of Political Economy, Forthcoming
Number of pages: 31 Posted: 01 Aug 2010
Steven G. Medema
Duke University - Department of Economics
Downloads 87 (492,287)
Citation 3

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Public choice, Virginia school, creative communities

30.

Disciplinary Collisions: Blum, Kalven, and the Economic Analysis of Accident Law at Chicago in the 1960s

Number of pages: 36 Posted: 31 Jul 2018
Alain Marciano and Steven G. Medema
Universita degli Studi di Torino and Duke University - Department of Economics
Downloads 75 (537,705)
Citation 1

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conomic analysis of law, Chicago, Blum, Kalven, Liability, Tort Law, Automobile accidents

31.

Ronald Coase, The British Tradition, and The Future of Economic Method

Steven G. Medema, ed., Coasean Economics: Law and Economics and the New Institutional Economics (Boston: Kluwer Academic Publishers, 1997), pp. 209-38
Number of pages: 31 Posted: 07 Jul 2015
Richard O. Zerbe and Steven G. Medema
University of Washington - Daniel J. Evans School of Public Affairs and Duke University - Department of Economics
Downloads 68 (567,257)
Citation 3

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Coase, Coasean, Coasian, W.A.S. Hewins, economic theory, institutions, methodology

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