Empirical Studies in Institutional Change

Empirical Studies in Institutional Change

by Lee J. Alston
     
 

The contributors to this volume analyze institutions and institutional change, concerned with issues ranging from the evolution of secure markets in seventeenth century England to the origins of property rights in airport slots in modern America. See more details below

Overview

The contributors to this volume analyze institutions and institutional change, concerned with issues ranging from the evolution of secure markets in seventeenth century England to the origins of property rights in airport slots in modern America.

Product Details

ISBN-13:
9780521557436
Publisher:
Cambridge University Press
Publication date:
10/28/2005
Series:
Political Economy of Institutions and Decisions Series
Edition description:
New Edition
Pages:
360
Product dimensions:
5.90(w) x 9.00(h) x 1.00(d)

Table of Contents

List of contributors
Series editors' preface
Acknowledgments
Introduction1
A note on the economics of institutions6
Empirical work in institutional economics: an overview25
1Toward an understanding of property rights31
Economic variables and the development of the law: the case of western mineral rights34
2Impediments to institutional change in the former Soviet system59
Why economic reforms fail in the Soviet system: a property rights - based approach63
3Transaction costs and economic development92
Public institutions and private transactions: a comparative analysis of the legal and regulatory environment for business transactions in Brazil and Chile95
4The evolution of modern institutions of growth129
Constitutions and commitment: the evolution of institutions governing public choice in seventeenth-century England134
5Regulation in a dynamic setting166
The political economy of controls: American sugar169
6Price controls, property rights, and institutional change219
Roofs or stars: the stated intents and actual effects of a rents ordinance224
7Regulating natural resources: the evolution of perverse property rights244
Legally induced technical regress in the Washington salmon fishery247
8The politics of institutional change in a representative democracy280
A political theory of the origin of property rights: airport slots283
9The economics and politics of institutional change304
Paternalism in agricultural labor contracts in the U.S. South: implications for the growth of the welfare state307
Epilogue: economic performance through time342
Author index357
Subject index359

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