9780521597135: Economic Analysis of Property Rights

Sinossi

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.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Descrizione del libro

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.

Contenuti

Introduction; 1. The property rights model; 2. The public domain: rationing by waiting and price controls; 3. Contract choice: the tenancy contract; 4. Divided ownership; 5. The old firm and the new organization; 6. The formation of rights; 7. Slavery; 8. Wealth maximization constraints on property rights; 9. Property rights and non-market allocation; 10. Additional property rights applications; 11. The property rights model: recapitulation; References.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Altre edizioni note dello stesso titolo

9780521592758: Economic Analysis of Property Rights

Edizione in evidenza

ISBN 10:  0521592755 ISBN 13:  9780521592758
Casa editrice: Cambridge University Press, 1997
Rilegato