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001 u316132
003 SIRSI
005 20160811211755.0
008 960919s1997 enka frb 001 0 eng d
010 _a 96046106
040 _aDLC
_cDLC
_dUKM
_dUBA
_dBAKER
_dNLGGC
_dBTCTA
_dYDXCP
_dLVB
_dUAB
020 _a0521592755 (hardback)
020 _a9780521592758 (hardback)
020 _a0521597137 (pbk.)
020 _a9780521597135 (pbk.)
020 _a0521364094 (hardback)
020 _a9780521364096 (hardback)
020 _a0521367042 (pbk.)
020 _a9780521367042 (pbk.)
050 0 _aHB701
_b.B37 1997
082 0 0 _a330.1/7
_220
084 _a83.19
_2bcl
084 _a86.03
_2bcl
100 1 _aBarzel, Yoram.
245 1 0 _aEconomic analysis of property rights /
_cYoram Barzel.
250 _a2nd ed.
260 _aCambridge ;
_aNew York :
_bCambridge University Press,
_c1997.
300 _axi, 161 p. :
_bil. ;
_c24 cm.
490 0 _aPolitical economy of institutions and decisions
504 _aIncluye referencias bibliográficas (p. 154-157) e índice.
505 0 _a1. The property rights model -- 2. The public domain: Rationing by waiting and price controls -- 3. Contract choice: The tenancy contract -- 4. Divided ownership -- 5. The old firm and the new organization -- 6. The formation of rights -- 7. Slavery -- 8. Wealth-maximizing constraints on property rights -- 9. Property rights and non-market allocation -- 10. Additional property rights applications -- 11. The property rights model: Recapitulation.
520 _aThis is a study of the way people organize the use of resources in order to maximize the value of their economic rights over these resources. 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 - by theft and also by excessive choosing, adverse selection, free riding, and shirking. Individuals enhance their rights (incurring transaction costs) by the protection and better delineation of their assets. In this new edition, Professor Barzel devotes a separate chapter to the firm and emphasizes the central role of equity capital as guarantor of the activities of the firm. In addition, he elaborates on the distinction between economic and legal rights and discusses the emergence of the state.
650 0 _aProperty.
650 0 _aRight of property.
596 _a4
942 _cLIBRO
999 _c158045
_d158045