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Economic analysis of property rights

Author: Yoram Barzel
Publisher: Cambridge ; New York : Cambridge University Press, 1997.
Series: Political economy of institutions and decisions.
Edition/Format:   eBook : Document : English : 2nd edView all editions and formats
Summary:
This is a study of the way people organize the use of resources in order to maximize the value of their economic rights over these resources. A person's economic property rights over an asset are defined here as the person's ability to gain from the asset by direct consumption or by exchange. It is prohibitively costly to measure accurately all assets' attributes; therefore, rights to them are never fully  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Barzel, Yoram.
Economic analysis of property rights.
Cambridge ; New York : Cambridge University Press, 1997
(DLC) 96046106
(OCoLC)35658026
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Yoram Barzel
ISBN: 9780511609398 0511609396
OCLC Number: 817922136
Description: 1 online resource (xi, 161 pages) : illustrations.
Contents: 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-maximizing constraints on property rights --
9. Property rights and non-market allocation --
10. Additional property rights applications --
11. The property rights model: Recapitulation.
Series Title: Political economy of institutions and decisions.
Responsibility: Yoram Barzel.
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Abstract:

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.  Read more...

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