Coase, Ronald (October 29, 1910 - )
British- born, American based economist and Professor of Economics at the University of Chicago Law School. Coase studied at the University of London External Programme and The London School of Economics. In 1991 Coase received the Nobel Memorial Prize in Economics. Ronald Coase is best known for his work on reform in the policy for allocation of the electromagnetic spectrum, the concept of transaction costs and property rights in relation to externalities.