The Coase Theorem says that, in an economic transaction with externalities, if property rights are well defined and if the transaction costs are low enough, then the private solution is socially optimal, with no need for government intervention to correct the situation externality, which is a market failure. The government's only role would be to ensure that property rights are well defined and that free trade flows without transaction costs.
Coase's theorem, shows how the role of institutions, especially legal ones, are important for the proper functioning of the market economy.
The answer is anger. Anger is the most felt emotion by a
driver. It is easily attained and felt by drivers due to driving. Drivers tend
to get easily hot headed due to traffic, road incidents or even self-made mistakes.
Anger can affect the driver the most, especially when he or she gets into an
accident against another vehicle, it causes massive anger and may result to
violence if not controlled immediately.
Answer:Authoritative parenting
Explanation:
Authoritative parenting is a type of parenting under which parents are very attentive to their kids needs but still they set boundaries and stick to them.
They don't take decisions without considering the emotional needs of their children . They are consistent in their boundaries with considerate limits.
According to researchers their young preschool kids tends to be :
-Happy and independent because they are given opportunity to establish their independence with their parents guidances. They are good in making friends. They have strong sense of self control. They are able to come out their comfort zone and explore new things because they get that opportunity and encouragement from their parents.
Older children shows the following characteristics :
They have strong self esteem and are more engaged in their school activities.
Are less violent but more friendly
This is due to the fact that authoritative parenting possess the following characteristics
They are very nurturing and always Len their ears to their children's concerns or any issues. They encourage them to establish their own independence. They don't demand obedience but always explain things to their children.
They have stablish positive punishment and usually their kids respect them because they have seen their parents worthiness of respect.