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Item Details
| Title:
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PROPERTY RIGHTS, CONSUMPTION AND THE MARKET PROCESS
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| By: |
David Emanuel Andersson |
| Format: |
Hardback |
| List price:
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£94.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1847209556 |
| ISBN 13: |
9781847209559 |
| Publisher: |
EDWARD ELGAR PUBLISHING LTD |
| Pub. date: |
21 October, 2008 |
| Series: |
New Horizons in Institutional and Evolutionary Economics Series |
| Pages: |
192 |
| Description: |
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. |
| Synopsis: |
Property Rights, Consumption and the Market Process extends propertyrights theory in new and exciting directions by combiningcomplementary insights from Austrian, institutional and evolutionaryeconomics. Mainstream economics tends to analyse property rightswithin a static equilibrium framework. In this book David Anderssonreformulates property rights theory as an evolutionary theory of themarket process.This original work includes many valuable insights and new analysissuch as:* combining Yoram Barzel's theory of property rights, LudwigLachmann's theory of capital, the resource-based view of the firmand the entrepreneurship theories of Frank Knight, JosephSchumpeter and Israel Kirzner* applying Ronald Inglehart's theory of value change to discontinuitiesin how imitative behaviour influences consumer choice* a new distributional perspective on the Hayekian knowledge problem* a model of consumer choice that combines lexicographiccharacteristics and learning processes* a methodological approach that considers the perceived causaland evidential utilities of a theory* original empirical material (hedonic price functions and casestudies) and new areas of application for important computersimulation results.David Andersson's book will be warmly welcomed by heterodoxeconomists and new institutional economists, as well as economists ofentrepreneurship studies, regional development and urban planning. |
| Publication: |
UK |
| Imprint: |
Edward Elgar Publishing Ltd |
| Returns: |
Returnable |
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