In this chapter, I review a growing literature incorporating into economics the key idea, put forward by a long law tradition, that weak property rights might be optimal when market frictions and failures are sizeable. Building on this intuition, I then propose several avenues for further research on the relationships between property rights and the economy
Abstract. This essay shows how the economics of property rights can be used to understand fundamenta...
The New Economy is closely associated with computing & communications technology, notably the Intern...
We model the development of property rights as an endogenous process, driven by capital accumulation...
In this chapter, I review a growing literature incorporating into economics the key idea, put forwar...
This chapter develops a unified analytical framework, drawing on and extending the existing literatu...
Choices about the meaning and allocation of property rights pose the sorts of policy questions famil...
this paper we introduce missing property rights into three popular models of economic growth and com...
According to economic theory, the clear definition of property rights is essential for well-functio...
Frank Knight identified property rights as the essential ingredient for economic progress. In his cl...
This article discusses the relationship between economic development and one aspect of property righ...
This paper offers empirical and theoretical evidence supporting the role of property rights in the d...
Issues such as the patentability of scientific ideas, the market for organs and open source software...
Issues such as the patentability of scientific ideas, the market for organs and open source software...
This paper formalizes the role of legal infrastructure in economic development in a general equilibr...
Institutions, and more specifically private property rights, have come to be seen as a major determi...
Abstract. This essay shows how the economics of property rights can be used to understand fundamenta...
The New Economy is closely associated with computing & communications technology, notably the Intern...
We model the development of property rights as an endogenous process, driven by capital accumulation...
In this chapter, I review a growing literature incorporating into economics the key idea, put forwar...
This chapter develops a unified analytical framework, drawing on and extending the existing literatu...
Choices about the meaning and allocation of property rights pose the sorts of policy questions famil...
this paper we introduce missing property rights into three popular models of economic growth and com...
According to economic theory, the clear definition of property rights is essential for well-functio...
Frank Knight identified property rights as the essential ingredient for economic progress. In his cl...
This article discusses the relationship between economic development and one aspect of property righ...
This paper offers empirical and theoretical evidence supporting the role of property rights in the d...
Issues such as the patentability of scientific ideas, the market for organs and open source software...
Issues such as the patentability of scientific ideas, the market for organs and open source software...
This paper formalizes the role of legal infrastructure in economic development in a general equilibr...
Institutions, and more specifically private property rights, have come to be seen as a major determi...
Abstract. This essay shows how the economics of property rights can be used to understand fundamenta...
The New Economy is closely associated with computing & communications technology, notably the Intern...
We model the development of property rights as an endogenous process, driven by capital accumulation...