Economic analysis of property rights
Author(s)
Bibliographic Information
Economic analysis of property rights
（Political economy of institutions and decisions）
Cambridge University Press, 1989
- : pbk
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Note
Bibliography: p. 119-120
Includes index
Description and Table of Contents
- Volume
-
ISBN 9780521364096
Description
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.
- Volume
-
: pbk ISBN 9780521367042
Description
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.
Table of Contents
1. Introduction: the property rights model 2. The public domain: rationing by waiting and price controls 3. The costs of contracting: the tenancy contract 4. The old firm and the new organization 5. The formation of rights 6. Slavery 7. Reconciling restrictions on property rights with maximization of rights' value 8. Property rights and non-market allocation 9. Additional property rights applications 10. Recapitulation and conclusions.
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