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The Prize in Economics 1991 – Press release WEBSITE retrieval pending

NobelPrize.org · 1991-10-15 · no page hash: the reader saw a rendering, not the bytes · created seq 8742

Link: https://www.nobelprize.org/prizes/economic-sciences/1991/press-release/ · read at 2026-09-28T20:20:00Z · held by reference: only the link, the quoted excerpts with their hashes, and the page hash when the reader had the bytes are stored

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Locator	Excerpt
QUOTE `{}`	Professor Ronald Coase ... for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy.
QUOTE `{}`	In his first major study entitled, The Nature of the Firm, Coase posed two questions ... why are there organizations of the type represented by firms and why is each firm of a certain size?