Book Details
Format
Paperback / Softback
Book Series
Political Economy of Institutions and Decisions
ISBN-10
0521597137
ISBN-13
9780521597135
Edition
2 Revised edition
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 13th, 1997
Print length
176 Pages
Weight
280 grams
Dimensions
19.50 x 22.80 x 1.60 cms
Product Classification:
Land rightsPolitical 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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