The Coase theorem, also known as the Coase conjecture, is a concept in economics that explains how the allocation of property rights can impact the efficiency and bargaining power of market participants. Synonyms for the Coase theorem include the Coase principle, Coase analysis, and Coase efficiency. These terms are often used interchangeably with the original concept, reflecting its importance in the study of market economics. The Coase theorem is relevant in a wide range of fields, including environmental economics, intellectual property law, and public policy. Understanding the Coase theorem and its synonyms is critical for anyone interested in analyzing market systems and identifying areas for improvement.