Property rights, consumption and the market process

著者

    • Andersson, David Emanuel

書誌事項

Property rights, consumption and the market process

David Emanuel Andersson

(New horizons in institutional and evolutionary economics)

E. Elgar, c2008

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注記

Includes bibliographical references (p. 160-170) and index

内容説明・目次

内容説明

Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by combining complementary insights from Austrian, institutional and evolutionary economics. Mainstream economics tends to analyse property rights within a static equilibrium framework. In this book David Andersson reformulates property rights theory as an evolutionary theory of the market process. This original work includes many valuable insights and new analysis such as: * combining Yoram Barzel's theory of property rights, Ludwig Lachmann's theory of capital, the resource-based view of the firm and the entrepreneurship theories of Frank Knight, Joseph Schumpeter and Israel Kirzner * applying Ronald Inglehart's theory of value change to discontinuities in how imitative behaviour influences consumer choice * a new distributional perspective on the Hayekian knowledge problem * a model of consumer choice that combines lexicographic characteristics and learning processes * a methodological approach that considers the perceived causal and evidential utilities of a theory * original empirical material (hedonic price functions and case studies) and new areas of application for important computer simulation results. David Andersson's book will be warmly welcomed by heterodox economists and new institutional economists, as well as economists of entrepreneurship studies, regional development and urban planning.

目次

Contents: Preface 1. Attributes, Entrepreneurship and Institutions 2. Attributes and the Theory of Economic Property Rights 3. Property Rights, Institutions and Co-ordination Costs 4. Production Attributes and the Capital Structure 5. Entrepreneurship, Attributes and Judgement 6. Individual Choice and Consumption Attributes 7. Institutions and the Demand for Consumption Attributes References Index

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