Original offprint. 8vo. [33]-47, [1, blank] pp. Original self-wrappers, wire-stitched as issued. Reprinted from the Journal of Law, Economics, and Organization, vol. 4, no. 1, Spring, 1988.
Signed by the author in black ink to the front cover.
The first separate appearance of this article in which Coase retraced the delayed reaction and gradual influence of his seminal paper on ‘The Nature of the Firm’ (1937), the first of the two two main works cited by the Royal Swedish Academy in awarding Coase the Nobel Prize in 1991.
