Thrainn Eggertsson Quote

We begin by introducing what we refer to as the naive theory of property rights and its application in several areas. The naive theory looks at the emergence or nonemergence of exclusive rights in terms of the costs and benefits of exclusion and the cost of internal governance when individuals share property rights.


p. 249 - Economic behavior and institutions. 1990


We begin by introducing what we refer to as the naive theory of property rights and its application in several areas. The naive theory looks at the...

We begin by introducing what we refer to as the naive theory of property rights and its application in several areas. The naive theory looks at the...

We begin by introducing what we refer to as the naive theory of property rights and its application in several areas. The naive theory looks at the...

We begin by introducing what we refer to as the naive theory of property rights and its application in several areas. The naive theory looks at the...