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Economic Analysis of Property Rights (Political Economy of Institutions and Decisions)

By: Yoram Barzel (Author)

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Ksh 0.00

Format: Paperback or Softback

ISBN-13: 9780521597135

Collection / Series: Political Economy of Institutions and Decisions

Collection Type: Publisher collection

Edition statement: 2 Revised edition

Publisher: Cambridge University Press

Imprint: Cambridge University Press

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Apr 13th, 1997

Publication Status: Active

Product extent: 176 Pages

Weight: 280.00 grams

Dimensions (height x width x thickness): 19.50 x 22.80 x 1.60 cms

Product Classification / Subject(s): Land rights
Political economy

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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.

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