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Descrizione libro Condizione: New. Codice articolo 45794625-n
Descrizione libro Paperback or Softback. Condizione: New. Economic Analysis of Property Rights 0.89. Book. Codice articolo BBS-9781009374729
Descrizione libro Condizione: New. Book is in NEW condition. 0.92. Codice articolo 1009374729-2-1
Descrizione libro Condizione: New. New! This book is in the same immaculate condition as when it was published 0.92. Codice articolo 353-1009374729-new
Descrizione libro Condizione: New. Codice articolo I-9781009374729
Descrizione libro Paperback. Condizione: new. Paperback. The standard neoclassical model of economics is incapable of explaining why one form of organization arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of economic property rights, and they always exist. Economic Analysis of Property Rights is a study of how individuals organise resources to maximise the value of their economic rights over these resources. It offers a unified theoretical structure to deal with exchange, rights formation, and organisation that traditional economic theory often ignores. It explains how transaction costs can be reduced through reorganization and, in the end, how the distribution of property rights that exists is the one that maximizes wealth net of these transaction costs. This necessary hypothesis explains much of the puzzling organizations and institutions that exist now and have existed in the past. This book is the first to lay out the detailed relationship between economic property rights, transaction costs, and information costs. It uses these concepts to develop a theory of economic property rights to explain why life is organized the way it is. Applications range from marriage and dueling to homesteading and ownership of wildlife. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Codice articolo 9781009374729
Descrizione libro Paperback. Condizione: Brand New. 3rd edition. 300 pages. 9.00x6.00x0.63 inches. In Stock. Codice articolo __1009374729
Descrizione libro Paperback / softback. Condizione: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Codice articolo C9781009374729
Descrizione libro paperback. Condizione: New. BRAND NEW ** SUPER FAST SHIPPING FROM UK WAREHOUSE ** 30 DAY MONEY BACK GUARANTEE. Codice articolo 9781009374729-GDR
Descrizione libro Condizione: new. Questo è un articolo print on demand. Codice articolo 301GZCZ353