Toward a Theory of Property Rights II: The Competition between Private and Collective Ownership
AbstractThis essay broadens the theory of property rights, extending it beyond one based on changes in the importance of externality problems to one that is focused on quite different aspects of exchange. It argues that these aspects have been changing in ways that generally, but not always, have increased capitalism's productivity relative to collectivism's. The nature of transactions emphasized here has no necessary connection to, but does not exclude, externality problems. The focus here is on aspects of the relationship between parties who are engaged in exchange activities. Observations on historical happenings supplement the otherwise mainly conceptual and theoretical discussion. Copyright 2002 by the University of Chicago.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Legal Studies.
Volume (Year): 31 (2002)
Issue (Month): 2 (June)
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JLS/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Granville, Brigitte & Leonard, Carol S., 2010. "Do Informal Institutions Matter for Technological Change in Russia? The Impact of Communist Norms and Conventions, 1998-2004," World Development, Elsevier, vol. 38(2), pages 155-169, February.
- Joireman, S.F., 2008. "The Mystery of Capital Formation in Sub-Saharan Africa: Women, Property Rights and Customary Law," World Development, Elsevier, vol. 36(7), pages 1233-1246, July.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If references are entirely missing, you can add them using this form.