Contracting for Property Rights (Political Economy of Institutions and Decisions) - Softcover

Libecap

Softcover

ISBN 10: 0521449049 ISBN 13: 9780521449045

Publisher: Cambridge University Press, 2008

Synopsis

Libecap examines the political and economic considerations that influence property rights arrangements in the USA.

About this title

Review

'The case studies are enjoyable to read ... Libecap has been a major contributor to the literature on the efficiency gains to be had from more specificity in property rights assignments. The book reinforces that view but more importantly addresses the more difficult question as to why societies allow themselves to be victims of the tragedy of the commons.' Journal of Economic History

'The book well summarises Professor Libecap's well-known and highly respected work on the emergence of property rights, with a more general analytical chapter added ... This is a fine book.' Journal of Comparative Economics

Book Description

Libecap examines the problems in negotiations among claimants and the political and economic considerations that influence property rights arrangements. Through case studies of different natural resources, the author analyses a variety of contractual negotiations and economic outcomes. This book is an important contribution to property rights theory and American economic history.

Edition details

• Publisher: Cambridge University Press
• Publication date: 2008
• Language: English
• ISBN 10: 0521449049
• ISBN 13: 9780521449045
• Binding: Paperback
• Number of pages: 144