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Economic Analysis of Property Rights

Allen, Douglas W. Barzel, Yoram

Political Economy of Institutions and Decisions

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Leveringstid: 3-10 dager

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This book is the first to lay out the detailed relationship between economic property rights, transaction costs, and information costs. It uses these concepts to develop a theory of economic property rights to explain why life is organized the way it is. Applications range from marriage and dueling to homesteading and ownership of wildlife.

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