The Coasean Dissolution of Corporate Social Responsibility
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In connection with a firm's dealings with its customers, Abagail McWilliams and Donald Siegel have argued for an identical conclusion based on a neo-classical supply and demand model of CSR.McWilliams & Siegel, supra note 2, at 125.My conclusions in this Article are consistent with theirs, to which I am very much indebted.McWilliams and Siegel, however, do not reach their conclusions and do not understand them in terms of the Coase theorem, and, more generally, do not consider the problem of CSR in the more realistic
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