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.
Reihe
Sprache
Verlagsort
Zielgruppe
Für höhere Schule und Studium
Produkt-Hinweis
Illustrationen
Worked examples or Exercises
Maße
Höhe: 228 mm
Breite: 152 mm
Dicke: 11 mm
Gewicht
ISBN-13
978-0-521-36704-2 (9780521367042)
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Schweitzer Klassifikation
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.
