Economic Analysis of Property Rights (Political Economy of Institutions and Decisions) - Softcover

Book 47 of 81: Political Economy of Institutions and Decisions

Barzel, Yoram

 
9780521597135: Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)

Synopsis

This is a study of the way individuals organise the use of resources in order to maximise the value of their economic rights over these resources.

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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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Other Popular Editions of the Same Title

9780521592758: Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)

Featured Edition

ISBN 10:  0521592755 ISBN 13:  9780521592758
Publisher: Cambridge University Press, 1997
Hardcover