Contracting for Property Rights
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Contracting for Property Rights by Gary D. Libecap
Book DescriptionIn this book the author examines the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements. The histories of mineral rights, rights to range and timber land, as well as fishery and crude oil production rights in the United States are examined and reveal a surprising variety of contractual negotiations and economic outcomes. The author concludes that in addition to an analysis of distributional outcomes, an examination of the details of the political bargaining underlying property rights contracts is essential to an understanding of why rights emerge as they do. The book is an important contribution to both property rights theory and to American economic history.
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Book DetailsISBN: 9780521449045
(228mm x 152mm x 9mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 28-Jan-1994
Country of Publication: United Kingdom
Books By Author Gary D. Libecap
Environmental Markets, Paperback (May 2014)
Environmental Markets explains the prospects of using markets to improve environmental quality and resource conservation.
Economics of Climate Change, Hardback (July 2011)
Takes a close look at the ways in which economies - particularly that of the United States - have adjusted to the challenges climate change poses, including institutional features that help insulate the economy from shocks, new crop varieties, irrigation, flood control, and ways of extending cultivation to new geographic areas.
Federal Civil Service System and the Problem of Bureaucracy, Paperback (September 1994)» View all books by Gary D. Libecap
Using transaction cost analysis and public choice theory, this book explores the growth of the federal bureaucracy and the political and economic obstacles to reforming it. It examines the political and economic forces that have shaped the civil service from the Pendleton Act of 1883 to today.
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