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The Contractual Nature of the Environment

In: The Elgar Companion to the Economics of Property Rights

Author

Listed:
  • Terry L. Anderson
  • Bobby McCormick

Abstract

Economics is a matter of choice and growth, of interaction and exchange among individuals. Because property rights define the rules of these interactions and the objects of exchange, it is vital to fully understand the institutions and implications of the various property-rights regimes. With over 20 original and specially commissioned chapters, this book takes the reader from the historical and moral foundations of the discipline to the frontiers of scholarly research in the field.

Suggested Citation

  • Terry L. Anderson & Bobby McCormick, 2004. "The Contractual Nature of the Environment," Chapters,in: The Elgar Companion to the Economics of Property Rights, chapter 13 Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2716_13
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