His eponymous conjecture states that monopolists attempting to use price discrimination must eventually offer a low price to their consumers, but he is more famous for being the architect of the sale of the electromagnetic spectrum for use by communications companies.
Elizabeth Peters extended this man's most notable result in a study of divorce rates across states, which found that the ease of getting divorced has no effect on the prevalence of divorce. His eponymous conjecture states that monopolists attempting to use price discrimination must eventually offer a low price to their consumers, but he is more famous for being the architect of the sale of the electromagnetic spectrum for use by communications companies. He wrote The Nature of the Firm and The Problem of Social Cost. For 10 points, name this economist who stated that a lack of transaction costs will always minimize externalities in his namesake theorem.
Elizabeth Peters extended this man's most notable result in a study of divorce rates across states, which found that the ease of getting divorced has no effect on the prevalence of divorce.
Ronald Coase