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Contracting for Property Rights
Gary D. Libecap
€ 41.56
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Description for Contracting for Property Rights
Paperback. Libecap examines the political and economic considerations that influence property rights arrangements in the USA. Series Editor(s): Calvert, Randall; Eggertsson, Thrainn. Series: Political Economy of Institutions and Decisions. Num Pages: 144 pages, black & white illustrations. BIC Classification: 1KBB; JPVH3; KCP. Category: (P) Professional & Vocational. Dimension: 228 x 152 x 9. Weight in Grams: 220.
In this book the author examines the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements. The histories of mineral rights, rights to range and timber land, as well as fishery and crude oil production rights in the United States are examined and reveal a surprising variety of contractual negotiations and economic outcomes. The author concludes that in addition to an analysis of distributional outcomes, an examination of the details of the political bargaining underlying property rights contracts is essential to an understanding of why rights emerge as they do. The ... Read more
In this book the author examines the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements. The histories of mineral rights, rights to range and timber land, as well as fishery and crude oil production rights in the United States are examined and reveal a surprising variety of contractual negotiations and economic outcomes. The author concludes that in addition to an analysis of distributional outcomes, an examination of the details of the political bargaining underlying property rights contracts is essential to an understanding of why rights emerge as they do. The ... Read more
Product Details
Format
Paperback
Publication date
1994
Publisher
Cambridge University Press United Kingdom
Number of pages
144
Condition
New
Series
Political Economy of Institutions and Decisions
Number of Pages
144
Place of Publication
Cambridge, United Kingdom
ISBN
9780521449045
SKU
V9780521449045
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
Reviews for Contracting for Property Rights
'The case studies are enjoyable to read … Libecap has been a major contributor to the literature on the efficiency gains to be had from more specificity in property rights assignments. The book reinforces that view but more importantly addresses the more difficult question as to why societies allow themselves to be victims of the tragedy of the commons.' Journal ... Read more