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...

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Bibliographic Details
Main Authors: Barzel, Yoram (Author), Allen, Douglas W. 1960- (Author)
Format: Electronic eBook
Language:English
Published: Cambridge : Cambridge University Press, 2023.
Edition:Third edition /
Series:Political economy of institutions and decisions.
Subjects:
Online Access:CONNECT