 |
|
|
Item Details
| Title:
|
ECONOMIC ANALYSIS OF PROPERTY RIGHTS
|
| By: |
Yoram Barzel |
| Format: |
Paperback |
| List price:
|
£24.99 |
|
We currently do not stock this item, please contact the publisher directly for
further information.
|
|
|
|
|
|
| ISBN 10: |
0521597137 |
| ISBN 13: |
9780521597135 |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
13 April, 1997 |
| Edition: |
2nd Revised edition |
| Series: |
Political Economy of Institutions and Decisions |
| Pages: |
176 |
| Description: |
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. |
| Synopsis: |
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. Property rights and all forms of organisation result from people's deliberate actions. In the tradition of Coase, this study offers a unified theoretical structure to deal with exchange, rights formation and organisation which traditional economic theory assumes away. 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 delineated. Property is consequently in danger of appropriation by others. Individuals enhance their rights by such actions as the protection and better delineation of their assets. In this new edition, Professor Barzel introduces the central role of equity capital as a guarantor of the activities of the firm and elaborates on the distinction between economic rights and legal rights. |
| Illustrations: |
7 b/w illus. |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Non-returnable |
|
|
|
 |
|
|
|
|
|
No Cheese, Please!
A fun picture book for children with food allergies - full of friendship and super-cute characters!Little Mo the mouse is having a birthday party.
|
My Brother Is a Superhero
Luke is massively annoyed about this, but when Zack is kidnapped by his arch-nemesis, Luke and his friends have only five days to find him and save the world...
|
|
|
|
|