Economic analysis of property rights:
The standard neoclassical model of economics is incapable of explaining why one form of organisation arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of econo...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, United Kingdom ; New York, NY ; Port Melbourne ; New Delhi ; Singapore
Cambridge University Press
2023
|
| Ausgabe: | Third edition |
| Schriftenreihe: | Political economy of institutions and decisions
|
| Schlagworte: | |
| Online-Zugang: | https://doi.org/10.1017/9781009374712 |
| Zusammenfassung: | The standard neoclassical model of economics is incapable of explaining why one form of organisation arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of economic property rights, and they always exist. This book presents a study of how individuals organise resources to maximise the value of their economic rights over these resources. It offers a unified theoretical structure to deal with exchange, rights formation, and organisation that traditional economic theory often ignores. It explains how transaction costs can be reduced through reorganisation and, in the end, how the distribution of property rights that exists is the one that maximises wealth net of these transaction costs. |
| Beschreibung: | Also issued in print: 2023. - Previous edition: published as by Yoram Barzel. 1997. - Includes bibliographical references and index. - Description based on online resource; title from PDF title page (viewed on September 6, 2023) |
| Beschreibung: | 1 Online-Ressource (xvii, 277 Seiten) Illustrationen |
| ISBN: | 9781009374712 |
| DOI: | 10.1017/9781009374712 |
Internformat
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| 520 | 3 | |a The standard neoclassical model of economics is incapable of explaining why one form of organisation arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of economic property rights, and they always exist. This book presents a study of how individuals organise resources to maximise the value of their economic rights over these resources. It offers a unified theoretical structure to deal with exchange, rights formation, and organisation that traditional economic theory often ignores. It explains how transaction costs can be reduced through reorganisation and, in the end, how the distribution of property rights that exists is the one that maximises wealth net of these transaction costs. | |
| 650 | 0 | 7 | |a Property-Rights-Ansatz |0 (DE-588)4047479-3 |2 gnd |9 rswk-swf |
| 653 | 0 | |a Property / Economic aspects | |
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Datensatz im Suchindex
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| dewey-full | 330.17 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.17 |
| dewey-search | 330.17 |
| dewey-sort | 3330.17 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/9781009374712 |
| edition | Third edition |
| format | Electronic eBook |
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| id | DE-604.BV049752488 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-05T17:02:13Z |
| institution | BVB |
| isbn | 9781009374712 |
| language | English |
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| physical | 1 Online-Ressource (xvii, 277 Seiten) Illustrationen |
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| publisher | Cambridge University Press |
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| series2 | Political economy of institutions and decisions |
| spelling | Barzel, Yoram 1931-2022 Verfasser (DE-588)17034598X aut Economic analysis of property rights Yoram Barzel (University of Washington), Douglas W. Allen (Simon Fraser University, British Columbia) Third edition Cambridge, United Kingdom ; New York, NY ; Port Melbourne ; New Delhi ; Singapore Cambridge University Press 2023 1 Online-Ressource (xvii, 277 Seiten) Illustrationen txt rdacontent c rdamedia cr rdacarrier Political economy of institutions and decisions Also issued in print: 2023. - Previous edition: published as by Yoram Barzel. 1997. - Includes bibliographical references and index. - Description based on online resource; title from PDF title page (viewed on September 6, 2023) The standard neoclassical model of economics is incapable of explaining why one form of organisation arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of economic property rights, and they always exist. This book presents a study of how individuals organise resources to maximise the value of their economic rights over these resources. It offers a unified theoretical structure to deal with exchange, rights formation, and organisation that traditional economic theory often ignores. It explains how transaction costs can be reduced through reorganisation and, in the end, how the distribution of property rights that exists is the one that maximises wealth net of these transaction costs. Property-Rights-Ansatz (DE-588)4047479-3 gnd rswk-swf Property / Economic aspects Right of property Transaction costs Property-Rights-Ansatz (DE-588)4047479-3 s DE-604 Allen, Douglas Ward 1960- Verfasser (DE-588)170647692 aut Erscheint auch als Druck-Ausgabe, Hardcover 978-1-009-37473-6 Erscheint auch als Druck-Ausgabe, Paperback 978-1-009-37472-9 X:CUP https://doi.org/10.1017/9781009374712 Resolving-System |
| spellingShingle | Barzel, Yoram 1931-2022 Allen, Douglas Ward 1960- Economic analysis of property rights Property-Rights-Ansatz (DE-588)4047479-3 gnd |
| subject_GND | (DE-588)4047479-3 |
| title | Economic analysis of property rights |
| title_auth | Economic analysis of property rights |
| title_exact_search | Economic analysis of property rights |
| title_full | Economic analysis of property rights Yoram Barzel (University of Washington), Douglas W. Allen (Simon Fraser University, British Columbia) |
| title_fullStr | Economic analysis of property rights Yoram Barzel (University of Washington), Douglas W. Allen (Simon Fraser University, British Columbia) |
| title_full_unstemmed | Economic analysis of property rights Yoram Barzel (University of Washington), Douglas W. Allen (Simon Fraser University, British Columbia) |
| title_short | Economic analysis of property rights |
| title_sort | economic analysis of property rights |
| topic | Property-Rights-Ansatz (DE-588)4047479-3 gnd |
| topic_facet | Property-Rights-Ansatz |
| url | https://doi.org/10.1017/9781009374712 |
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