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Economic Analysis of Property Rights by Yoram Barzel (Paperback, 1997)

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Product Information

This study offers a unified theoretical structure to analyze exchange, formation of economic rights, and organization. The cost of measuring accurately all assets' attributes is prohibitive. Therefore, rights are never fully delineated and others (using theft, adverse selection, free riding, and shirking) may appropriate one's assets. The central question is how people allocate resources and organize their activities to maximize the value of their rights. The approach emphasizes nonmarket constraints, but is also applicable to market economies. It is useful for analyzing allocations within organizations as well as allocation by voting and charity. Chapters have been extended for this second edition and a new chapter devoted to the firm has been added.

Product Identifiers

Publisher
Cambridge University Press
ISBN-13
9780521597135
eBay Product ID (ePID)
94957149

Product Key Features

Book Title
Economic Analysis of Property Rights
Author
Yoram Barzel
Format
Paperback
Language
English
Topic
Economics
Publication Year
1997
Type
Textbook
Number of Pages
176 Pages

Dimensions

Item Height
227mm
Item Width
154mm
Item Weight
240g

Additional Product Features

Title_Author
Yoram Barzel
Topic Area
Civil Service
Series Title
Political Economy of Institutions and Decisions
Country/Region of Manufacture
United Kingdom

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Economic Analysis of Property Rights by Yoram Barzel (Paperback, 1997)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

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