Synopsis
In this text the author develops a theory of the costliness of transactions and then integrates this theory into a model of property rights. He demonstrates its utility by applying these models to problems that include rights formation, slavery and resource allocation in non-market settings.
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Book Description
The cost of measuring accurately all assets' attributes is prohibitive. Therefore, rights are never fully delineated and others may appropriate one's assets. This study offers a unified theoretical structure to analyse exchange and formation of economic rights. The central question is how people allocate resources and organise their activities to maximise the value of their rights.
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Economic Analysis of Property Rights
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Cambridge University Press, 1989
ISBN 10: 0521367042
ISBN 13: 9780521367042
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Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)
Published by
Cambridge University Press, 1989
ISBN 10: 0521367042
ISBN 13: 9780521367042
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Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)
Published by
Cambridge University Press, 1989
ISBN 10: 0521367042
ISBN 13: 9780521367042
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Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)
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Cambridge University Press, 1989
ISBN 10: 0521367042
ISBN 13: 9780521367042
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No jacket. Condition: Bon. Sans jaquette. Couverture différente. Edition 1989. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Good. No dust jacket. Different cover. Edition 1989. Ammareal gives back up to 15% of this item's net price to charity organizations. Seller Inventory # H-379-762
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Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)
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Cambridge University Press 24.11.1989., 1989
ISBN 10: 0521367042
ISBN 13: 9780521367042
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Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)
Published by
Cambridge University Press, 1990
ISBN 10: 0521367042
ISBN 13: 9780521367042
Used
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Condition: Good. Envoi rapide Bon état intérieur propre bonne tenue. 14 986x1 016x22 606cm. 1990. Broché. 134 pages. Good. Seller Inventory # 100137374