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Item Details
Title: THE POLITICAL INSTITUTION OF PRIVATE PROPERTY
By: Itai Sened
Format: Paperback

List price: £32.00
Our price: £28.00
Discount:
12.5% off
You save: £4.00
ISBN 10: 052106287X
ISBN 13: 9780521062879
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 29 January, 2008
Series: Theories of Institutional Design
Pages: 220
Description: An original analysis of the political institutions which protect property and individual rights.
Synopsis: In this book, Itai Sened examines the political institution of property and other individual rights. His argument is that the foundation of such rights is to be found in the political and economic institutions which grant and enforce them and not in any set of moral principles or 'nature'. The book further argues that individual rights are instituted through a political process, and not by any hidden market forces. The origin of rights is placed in a social contract that evolves as a political process in which governments grant and protect property and other individual rights to constituents, in return for economic and political support. Extending neo-institutional theory to the subject, and using a positive game theoretic approach in its analysis, this book is an original contribution to scholarship on the evolution of rights.
Illustrations: 1 b/w illus. 20 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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