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Record W2097583548 · doi:10.1017/s1744137414000320

Coasean method: lessons from the farm

2014· article· en· W2097583548 on OpenAlexaff
Douglas W. Allen

Bibliographic record

VenueJournal of Institutional Economics · 2014
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Theory and Institutions
Canadian institutionsSimon Fraser University
Fundersnot available
KeywordsCoase theoremTransaction costEconomicsPoint (geometry)Neoclassical economicsBlackboard (design pattern)MicroeconomicsPositive economicsMathematical economicsComputer scienceMathematics

Abstract

fetched live from OpenAlex

Abstract Ronald Coase detested ‘blackboard economics’ and as a result was often criticized for being ‘against theory’. Coase has also been criticized for being overly descriptive in his institutional analysis. Here, I claim that Coase was both theoretical and interested in hypothesis testing. In order to do Coasean analysis, however, it is necessary to analyse a subject matter at the deep transaction level, given the definition of transaction costs. The rich level of detail required may give the impression of an absence of theory or testing. Here, I provide a number of real farm examples and contrast them with blackboard farm economics to make this point.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.016
metaresearch head score (Gemma)0.077
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.051
Threshold uncertainty score0.170

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0160.077
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0030.004
Science and technology studies0.0020.003
Scholarly communication0.0030.006
Open science0.0030.004
Research integrity0.0020.004
Insufficient payload (model declined to judge)0.0510.010

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.049
GPT teacher head0.262
Teacher spread0.213 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2014
Admission routes1
Has abstractyes

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