The Political Institution of Private Property
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Political Institution of Private Property by Itai Sened
Book DescriptionIn this book, Itai Sened examines the political institution of property and other individual rights. His argument is that the foundation of such rights is to be found in the political and economic institutions which grant and enforce them and not in any set of moral principles or 'nature'. The book further argues that individual rights are instituted through a political process, and not by any hidden market forces. The origin of rights is placed in a social contract that evolves as a political process in which governments grant and protect property and other individual rights to constituents, in return for economic and political support. Extending neo-institutional theory to the subject, and using a positive game theoretic approach in its analysis, this book is an original contribution to scholarship on the evolution of rights.
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Book DetailsISBN: 9780521572477
(228mm x 152mm x 16mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Jul-1997
Country of Publication: United Kingdom
Books By Author Itai Sened
Institutions, Property Rights, and Economic Growth, Hardback (April 2014)
This volume showcases the impact of the work of Douglass C. North, father of the field of new institutional economics.
Political Institution of Private Property, Paperback (May 2008)
An original analysis of the political institutions which protect property and individual rights.
Multiparty Democracy, Hardback (July 2006)View all books by Itai Sened
Offers a model of elections and legislative politics in Israel, Italy, the Netherlands, the US, and the UK.
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