According to the Coase Theorem,in the absence of transactions costs,recipients of an external benefit can be expected to offer a bribe in exchange for greater production.

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The Coase Theorem suggests that in the absence of transaction costs, parties can negotiate to reach an efficient outcome regarding externalities (such as external benefits), which may involve compensation or "bribes" to encourage behavior that provides greater benefits.

According to the Coase Theorem,in the Absence of Transactions Costs,recipients