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1、TheSuntoryandToyotaInternationalCentresforEconomicsandRelatedDisciplinesTheNatureoftheFirmAuthor(s):R.H.CoaseSource:Economica,NewSeries,Vol.4,No.16(Nov.,1937),pp.386-405Publishedby:BlackwellPublishingonbehalfofTheLondonSchoolofEconomicsandPoliticalScienceandTheSuntor
2、yandToyotaInternationalCentresforEconomicsandRelatedDisciplinesStableURL:http://www.jstor.org/stable/2626876Accessed:26/03/201001:03YouruseoftheJSTORarchiveindicatesyouracceptanceofJSTOR'sTermsandConditionsofUse,availableathttp://www.jstor.org/page/info/about/policie
3、s/terms.jsp.JSTOR'sTermsandConditionsofUseprovides,inpart,thatunlessyouhaveobtainedpriorpermission,youmaynotdownloadanentireissueofajournalormultiplecopiesofarticles,andyoumayusecontentintheJSTORarchiveonlyforyourpersonal,non-commercialuse.Pleasecontactthepublisherre
4、gardinganyfurtheruseofthiswork.Publishercontactinformationmaybeobtainedathttp://www.jstor.org/action/showPublisher?publisherCode=black.EachcopyofanypartofaJSTORtransmissionmustcontainthesamecopyrightnoticethatappearsonthescreenorprintedpageofsuchtransmission.JSTORisa
5、not-for-profitservicethathelpsscholars,researchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnologyandtoolstoincreaseproductivityandfacilitatenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsup
6、port@jstor.org.BlackwellPublishing,TheLondonSchoolofEconomicsandPoliticalScience,TheSuntoryandToyotaInternationalCentresforEconomicsandRelatedDisciplinesarecollaboratingwithJSTORtodigitize,preserveandextendaccesstoEconomica.http://www.jstor.orgENOVEMBERTheNatureofthe
7、FirmByR.H.COASEECONOMICtheoryhassufferedinthepastfromafailuretostateclearlyitsassumptions.Economistsinbuildingupatheoryhaveoftenomittedtoexaminethefoundationsonwhichitwaserected.Thisexaminationis,however,essentialnotonlytopreventthemisunderstandingandneedlesscontrove
8、rsywhicharisefromalackofknowledgeoftheassumptionsonwhichatheoryisbased,butalsobecauseoftheextremeimportanceforeconomicsofgoodjudgme
