| Title:
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THE POLITICAL ECONOMY OF CUSTOMS AND CULTURE
INFORMAL SOLUTIONS TO THE COMMONS PROBLEM |
| By: |
Terry L. Anderson (Editor), Randy T. Simmons (Editor) |
| Format: |
Hardback |
| List price:
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£62.00 |
| Our price: |
£55.80 |
| Discount: |
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£6.20 |
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| ISBN 10: |
0847677869 |
| ISBN 13: |
9780847677863 |
| Availability: |
Reprinting. This item may be subject to delays or cancellation.
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rates
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| Stock: |
Currently 0 available |
| Publisher: |
ROWMAN & LITTLEFIELD |
| Pub. date: |
16 March, 1993 |
| Series: |
The Political Economy Forum |
| Pages: |
260 |
| Description: |
Without well-defined, enforced and transferable property rights, the tragedy of the commons is said to result, as in the classic case of over-fishing and over-grazing. This book challenges that view of property rights by examining the role of informal constraints imposed by customs and culture. |
| Synopsis: |
Since the writings of Adam Smith, economists have understood the important role that private property rights play in a well functioning economic system. Without well-defined, enforced, and transferable property rights, the tragedy of the commons is said to result as in the classic case of over-fishing and over-grazing. This book challenges this narrow view of property rights by examining the role of informal constraints imposed by customs and culture. Recognizing that a great deal of human interaction takes place in the absence of individually specified rights, the authors challenge the notion that tragedy is inevitable within the commons. |
| Publication: |
US |
| Imprint: |
Rowman & Littlefield |
| Returns: |
Returnable |