Property Rights: Cooperation, Conflict, and Law / Edition 1

Property Rights: Cooperation, Conflict, and Law / Edition 1

by Terry L. Anderson
     
 

"This excellent survey of the property rights literature belongs on the shelf of everyone interested in the subject. It should attract a broad readership in economics and in law. Each chapter is very well written and researched. The editors have done a superb job of assembling a set of authors whose work meshes nicely, and the cross-referencing between chapters is

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Overview

"This excellent survey of the property rights literature belongs on the shelf of everyone interested in the subject. It should attract a broad readership in economics and in law. Each chapter is very well written and researched. The editors have done a superb job of assembling a set of authors whose work meshes nicely, and the cross-referencing between chapters is most useful for the less initiated."—Steven Medema, University of Colorado at Denver

"Property Rights explores, in a concise and accessible volume, the new frontiers of the economic approach to property rights. The editors are savvy and reliable old hands who have herded together many of the field's leading economists as contributors. Together, they provide newcomers with a unified introduction to this vibrant subject."—Michael Heller, University of Michigan Law School

Product Details

ISBN-13:
9780691099989
Publisher:
Princeton University Press
Publication date:
11/18/2002
Edition description:
New Edition
Pages:
448
Product dimensions:
6.00(w) x 9.10(h) x 1.00(d)

Table of Contents


List of Figures and Tables vii

Acknowledgments ix

Introduction: The Economic Approach to Property Rights 1

PART I: INTRODUCTION 13

One: Property Rights in the History of Economic Thought: From Locke to J. S. Mill by Edwin G. West 20

Two: Property Rights in the Firm by Yoram Barzel 43

PART II: INTRODUCTION 59

Three: Open Access versus Common Property by Thrinn Eggertsson 73

Four: Gains from Private Property: The Empirical Evidence by Louis De Alessi 90

PART III: INTRODUCTION 113

Five: The Evolution of Property Rights by Terry L. Anderson and Peter J. Hill 118

Six: Contracting for Property Rights by Gary D. Libecap 142

Seven: Force, Threat, Negotiation: The Private Enforcement of Rights by David D. Haddock 168

PART IV: INTRODUCTION 195

Eight: First Possession as the Basis of Property by Dean Lueck 200

Nine: Government as Definer of Property Rights: Tragedy Exiting the Commons? by Fred S. McChesney 227

PART V: INTRODUCTION 255

Ten: Property Rights or Externalities? by Bruce Yandle 259

Eleven: Ownership and the Externality Problem by Harold Demsetz 282

PART VI: INTRODUCTION 301

Twelve: In and Out of Public Solution: The Hidden Perils of Forced and Unforced Property Transfer by Richard A. Epstein 307

Thirteen: Public Goods and Property Rights: Of Coase, Tiebout, and Just Compensation by William A. Fischel 343

References 365

Cases Cited 391

About the Editors and Authors 393

Index 395

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