Cooperation, Conflict And Power In The Absence Of Property Rights
This 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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|Date of creation:||1991|
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