Cooperation, Conflict And Power In The Absence Of Property Rights
AbstractThis paper examines interaction in the absence of property rights when agents face a trade-off between productive and coercive activities. In this setting, conflict is not the necessary outcome of one-time interaction and cooperation is consistent with domination of one agent over another. Other things being equal, an agent's power, a well-defined concept in this paper, is inversely related to an agent's resources when resources are valued according to marginal-productivity theory. Some implications for the evolution of property rights are drawn. The model is applicable to a variety of situations in which directly unproductive activities are prevalent. Copyright 1992 by American Economic Association.
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Bibliographic InfoPaper provided by California Irvine - School of Social Sciences in its series Papers with number 90-91-06a.
Length: 32 pages
Date of creation: 1991
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF CALIFORNIA IRVINE, SCHOOL OF SOCIAL SCIENCES, IRVINECALIFORNIA 91717 U.S.A.
property rights ; economic models ; contracts;
Other versions of this item:
- Skaperdas, Stergios, 1992. "Cooperation, Conflict, and Power in the Absence of Property Rights," American Economic Review, American Economic Association, vol. 82(4), pages 720-39, September.
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