Contracting for Property Rights

By:

Gary D Libecap

Format:

Paperback / softback

Series:

Political Economy of Institutions and Decisions

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Description

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, and 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 book is an important contribution to both property rights theory and to American economic history.

Release date NZ

January 28th, 1994

Author

Gary D Libecap

Audience

Professional & Vocational

Illustrations

Worked examples or Exercises

Pages

144

Series

Political Economy of Institutions and Decisions

Dimensions

153x229x11

ISBN-13

9780521449045

Product ID

2362790

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