From: Dick.Gray@bull.com
Date: Tue Dec 22 1998 - 10:32:28 MST
Hal,
Thanks for your lucid explanation of Coase's theorem and its implications.
This is the best analysis I've seen on the 'Net of property rights as the
basis of the free market. I think you're on the right track here, though I
reserve judgment on intellectual property rights.
Dick
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