Strategic interdependence in models of property rights

Extract: This essay explores the implications of strategic interdependence for the theory of property rights and the "new institutional economics" (Schotter). It attempts to clarify some of the linkages from institutional economics to the linkages from institutional economics to micro- and...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	American journal of agricultural economics 1984-12, Vol.66 (5), p.807-813
1. Verfasser:	Runge, C.F
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic benefits Economic expectations Economic theory Emerging Property Rights Issues in Resource Economics Fairness Joint ownership Property rights Public land Social innovation Supply Technological innovation
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	Extract: This essay explores the implications of strategic interdependence for the theory of property rights and the "new institutional economics" (Schotter). It attempts to clarify some of the linkages from institutional economics to the linkages from institutional economics to micro- and macroeconomic theory by considering how property institutions result from strategic interdependence, confer payoffs to individual agents, and reflect collective choices based on individual preferences
ISSN:	0002-9092 1467-8276
DOI:	10.2307/1241003