Book contents
- Frontmatter
- Contents
- Figures
- Tables
- Preface to the Third Edition
- Preface to the Second Edition
- Preface to the First Edition
- Part I Conceptualissues
- 1 The Neoclassical Problem
- 2 Economic Property Rights
- 3 Transaction Costs
- 4 Information Costs
- 5 The Theory of Economic Property Rights
- Part II Contracts, Organizations, And Institutions
- 6 Exchange, Contracts, and Contract Choice
- 7 Divided Ownership and Organization
- 8 Institutions
- Part III Establishing Property Rights
- 9 Capture in the Public Domain
- 10 Forming Property Rights
- 11 Benefits of the Public Domain
- Part IV Non-Price Allocation And Other Issues
- 12 Nonwage Labor Markets
- 13 Property Rights in Non-market Allocations
- 14 Additional Property Rights Applications
- 15 The Property Rights Model
- References
- Index
- Political Economy of Institutions And Decisions
10 - Forming Property Rights
Published online by Cambridge University Press: 17 August 2023
- Frontmatter
- Contents
- Figures
- Tables
- Preface to the Third Edition
- Preface to the Second Edition
- Preface to the First Edition
- Part I Conceptualissues
- 1 The Neoclassical Problem
- 2 Economic Property Rights
- 3 Transaction Costs
- 4 Information Costs
- 5 The Theory of Economic Property Rights
- Part II Contracts, Organizations, And Institutions
- 6 Exchange, Contracts, and Contract Choice
- 7 Divided Ownership and Organization
- 8 Institutions
- Part III Establishing Property Rights
- 9 Capture in the Public Domain
- 10 Forming Property Rights
- 11 Benefits of the Public Domain
- Part IV Non-Price Allocation And Other Issues
- 12 Nonwage Labor Markets
- 13 Property Rights in Non-market Allocations
- 14 Additional Property Rights Applications
- 15 The Property Rights Model
- References
- Index
- Political Economy of Institutions And Decisions
Summary
This chapter examines when goods become owned. It starts with the traditional Demsetz model and then considers cases of nonlinear transaction costs.
- Type
- Chapter
- Information
- Economic Analysis of Property Rights , pp. 181 - 204Publisher: Cambridge University PressPrint publication year: 2023