Some Reflections on Externalities, Coase Theorem and the Endogenous Determination of Property Rights

Michele Grillo; Andrea Boitani

Some Reflections on Externalities, Coase Theorem and the Endogenous Determination of Property Rights

Risultato della ricerca: Contributo in rivista › Articolo in rivista › peer review

Abstract

The paper analyses how an incomplete contract for allocation of property rights can be agreed upon in state-of-nature and shows that such contractual agreement has the essential feature of a borrower-lender relationship, since it inherently entails an 'intertemporal' act of exchange

Lingua originale	English
pagine (da-a)	309-326
Numero di pagine	18
Rivista	Metroeconomica
Stato di pubblicazione	Pubblicato - 1992

Keywords

Externalities
Property Rights

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title = "Some Reflections on Externalities, Coase Theorem and the Endogenous Determination of Property Rights",

abstract = "The paper analyses how an incomplete contract for allocation of property rights can be agreed upon in state-of-nature and shows that such contractual agreement has the essential feature of a borrower-lender relationship, since it inherently entails an 'intertemporal' act of exchange",

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author = "Michele Grillo and Andrea Boitani",

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journal = "Metroeconomica",

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AU - Boitani, Andrea

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KW - Externalities

KW - Property Rights

KW - Externalities

KW - Property Rights

UR - http://hdl.handle.net/10807/27126

M3 - Article

SN - 0026-1386

SP - 309

EP - 326

JO - Metroeconomica

JF - Metroeconomica

ER -

Some Reflections on Externalities, Coase Theorem and the Endogenous Determination of Property Rights

Abstract

Keywords

Altri file e collegamenti

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