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Theory of Ownership Rights Analysis

Karel Zeman

Politická ekonomie, 2018, vol. 2018, issue 1, 99-115

Abstract: Liberal ownership rights are the essential basis of proper functioning of market economy, therefore the theory of ownership rights can also be considered the basis of theories governing all the areas of market economy functioning. The currentness of the presented issues in the Czech Republic has been rapidly increasing lately, with regard to the expanding erosion of ownership rights set democratically after 1989. The aim of this paper is to present the results of long-term research in renowned economic magazines, to draw attention to the extraordinarily current nature of the discussed issues determined by increasing instability of ownership rights in the Czech Republic in recent years and to promote an expert discussion of this topic in various economic and legal circles.

Keywords: ownership rights theory; ownership protection; ownership rights erosion; effective resource allocation; transaction costs; externalities; exclusion of others from consumption (search for similar items in EconPapers)
JEL-codes: B31 D23 Q15 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.18267/j.polek.1178

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