Chapter 1 The Problem of Social Cost Ronald H. Coase, Ronald H. CoaseSearch for more papers by this author Ronald H. Coase, Ronald H. CoaseSearch for more papers by this author Book Editor(s):Donald A. Wittman, Donald A. WittmanSearch for more papers by this author First published: 01 January 2004 https://doi.org/10.1002/9780470752135.ch1Citations: 16 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Summary This chapter contains section titled: The Problem to be Examined The Reciprocal Nature of the Problem The Pricing System with Liability for Damage The Pricing System with No Liability for Damage The Problem Illustrated Anew The Cost of Market Transactions Taken into Account The Legal Delimitation of Rights and the Economic Problem Citing Literature Economic Analysis of the Law: Selected Readings RelatedInformation