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A Model of Rights and Government

In: The Economic Foundations of Government

Author

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  • Randall G. Holcombe

    (Florida State University)

Abstract

According to the economic theory of rights, individuals have rights to the extent that they are able to bargain for them. In the real world, significant rights might sometimes be bargained for on an individual basis. When does the teenager have the right to take the family car? Rights of family members within the family setting are clearly subject to negotiation, but the same is true outside of the family setting. What often is referred to as corruption is the outcome of an exchange process that accords some individuals more rights than others.1 Even in societies that espouse equal rights as a public policy, factors such as corruption and special interest legislation create a setting where some people have more rights, or more securely enforced rights, than others.2 Differential rights can be created by individual bargaining, but can also be the result of group action, where one group is able to impose a rights structure that gives them advantages over others.

Suggested Citation

  • Randall G. Holcombe, 1994. "A Model of Rights and Government," Palgrave Macmillan Books, in: The Economic Foundations of Government, chapter 4, pages 54-71, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13230-0_4
    DOI: 10.1007/978-1-349-13230-0_4
    as

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