Modeling Foundations of Economic Property Rights Theory An Axiomatic Analysis of Economic Agreements /

• Main Author: Pasetta, Vesna (Author)
• Corporate Author: SpringerLink (Online service)
• Other Authors: Aliprantis, Charalambos D. (Editor), Yannelis, Nicholas C. (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2005.
• Series: Studies in Economic Theory, 23
• Subjects: Operations research.; Decision making.; Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Operation Research/Decision Theory.

This is an introduction to the foundations of economic property rights t- ory (EPRT). In this volume, a ?rst step in the EPRT research program, rules concerningeconomicpropertyrights(e. p. r. s),entrepreneurialagreements,and enterprises are discussed. Introduced concept of e. p. r. s is an extension...

Table of Contents:

• Economic Property Rights Dilemma: An Example
• Solution Concepts
• Policy Concepts of Appropriation
• Definition of Enterprises: Basic Elements of Formalization
• Arguments and coarguments
• E.p.r.s Gains and Welfare Structures
• Opening Structures: Simple Opening
• Dual Opening Structures
• Advanced Openings
• Quasiinsitutions
• Representation Theory: Clubs, Policies and Leadership
• Clubs with Transfers
• Duals and e.p.r.s Redistributions
• Reconstruction Theory: Reconstruction in Simple Institutions
• Reconstruction by Transfers
• Restructuring.