Property Rights, Consumption and the Market Process

David Emanuel Andersson (Autor)

Buch | Hardcover

192 Seiten

2008
Edward Elgar Publishing Ltd (Verlag)
978-1-84720-955-9 (ISBN)

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Extends property rights theory in fresh directions by combining complementary insights from Austrian, institutional and evolutionary economics. This book reformulates property rights theory as an evolutionary theory of the market process. It is suitable for economists of entrepreneurship studies, regional development and urban planning.

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.This original work includes many valuable insights and new analysis such as:

combining Yoram Barzel's theory of property rights, Ludwig Lachmann's theory of capital, the resource-based view of the firm and the entrepreneurship theories of Frank Knight, Joseph Schumpeter and Israel Kirzner

applying Ronald Inglehart's theory of value change to discontinuities in how imitative behaviour influences consumer choice

a new distributional perspective on the Hayekian knowledge problem

a model of consumer choice that combines lexicographic characteristics and learning processes

a methodological approach that considers the perceived causal and evidential utilities of a theory

original empirical material (hedonic price functions and case studies) and new areas of application for important computer simulation results.

David Andersson's book will be warmly welcomed by heterodox economists and new institutional economists, as well as economists of entrepreneurship studies, regional development and urban planning.

David Emanuel Andersson, IBMBA Program, National Sun Yat-sen University, Taiwan

Contents: Preface 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 References Index

Erscheint lt. Verlag	31.10.2008
Reihe/Serie	New Horizons in Institutional and Evolutionary Economics series
Verlagsort	Cheltenham
Sprache	englisch
Maße	156 x 234 mm
Themenwelt	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft
	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	1-84720-955-6 / 1847209556
ISBN-13	978-1-84720-955-9 / 9781847209559
Zustand	Neuware