Legal Analysis and Commentary from Justia
Airplane Seats

Airplane Seatbacks, the Coase Theorem, and Simplistic Solutions to Difficult Questions

George Washington University law professor and economist Neil Buchanan comments on the minor nationwide debate over reclining one’s seat on an airplane. Buchanan argues that one reporter’s claim that the debate is “an excellent case study for the Coase Theorem” manifests a fundamental (yet common) misunderstanding of that theorem. Continue reading →