Footnote:
Includes bibliographical references (p. 160-170) and index
Description:
Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by combining complementary insights from Austrian, institutional and evolutionary economics. Mainstream economics tends to analyse property rights within a static equilibrium framework. In this book David Andersson reformulates property rights theory as an evolutionary theory of the market process
1. Attributes, entrepreneurship and institutions -- 2. Attributes and the theory of economic property rights -- 3. Property rights, institutions and co-ordination costs -- 4. Production attributes and the capital structure -- 5. Entrepreneurship, attributes and judgement -- 6. Individual choice and consumption attributes -- 7. Institutions and the demand for consumption attributes