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Economic Analysis of Property Rights

Knjiga Economic Analysis of Property Rights Yoram Barzel
Libristo kod: 04093057
Nakladnici Cambridge University Press, travanj 1997
This is a study of the way individuals organise the use of resources in order to maximise the value... Cijeli opis
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This is a study of the way individuals organise the use of resources in order to maximise the value of their economic rights over these resources. Property rights and all forms of organisation result from people's deliberate actions. In the tradition of Coase, this study offers a unified theoretical structure to deal with exchange, rights formation and organisation which traditional economic theory assumes away. 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. Individuals enhance their rights by such actions as the protection and better delineation of their assets. In this new edition, Professor Barzel introduces the central role of equity capital as a guarantor of the activities of the firm and elaborates on the distinction between economic rights and legal rights.

Informacije o knjizi

Puni naziv Economic Analysis of Property Rights
Autor Yoram Barzel
Jezik Engleski
Uvez Knjiga - Meki uvez
Datum izdanja 1997
Broj stranica 176
EAN 9780521597135
ISBN 0521597137
Libristo kod 04093057
Težina 280
Dimenzije 228 x 195 x 16
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