Privatizing the Commons: An Improvement?

Terry L. Anderson and Peter J. Hill

Chapter 8 in The Economic Foundations of Property Rights, 1997, pp 109-121 from Edward Elgar Publishing

Abstract: Property rights formalize the relationship between individuals and goods. They form the cornerstone of the pricing, supply and efficient allocation of scarce resources between individuals. The Economic Foundations of Property Rights is an outstanding collection of some of the most important work from the founders of the field, including James M. Buchanan, Douglass C. North, Richard Posner, Armen Alchian, Lord Peter Bauer and Karl Brunner.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 1997
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