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costs, bartering will prompt a Pareto proficient result no matter what the underlying designation of property. Practically speaking, hindrances to bartering or ineffectively characterized property

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costs, bartering will prompt a Pareto proficient result no matter what the underlying designation of property. Practically speaking, hindrances to bartering or ineffectively characterized property freedoms can forestall Coasean dealing. This 'hypothesis' is normally ascribed to Nobel Prize champ Ronald Coase

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