In this chapter, I review a growing literature incorporating into economics the key idea, put forward by a long law tradition, that weak property rights might be optimal when market frictions and failures are sizeable. Building on this intuition, I then propose several avenues for further research on the relationships between property rights and the economy.
Property Rights and Economic Development: Taking Stock, Looking Ahead / Guerriero Carmine. - STAMPA. - (2018), pp. 127-134.
Property Rights and Economic Development: Taking Stock, Looking Ahead
Guerriero Carmine
2018
Abstract
In this chapter, I review a growing literature incorporating into economics the key idea, put forward by a long law tradition, that weak property rights might be optimal when market frictions and failures are sizeable. Building on this intuition, I then propose several avenues for further research on the relationships between property rights and the economy.File in questo prodotto:
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