On the efficient organization of trials
Gordon Tullock
A chapter in 40 Years of Research on Rent Seeking 2, 2008, pp 361-378 from Springer
Abstract:
Abstract Since Aristotle, economists have realized that efficient functioning of the economy requires the existence of firm property rights. This is even true of socialists, although the property they have in mind is somewhat different. The theft of state property is, after all, one of the more severe (and, apparently, also one of the commoner) offenses in Russia. The fulfillment of a contract and the enforcement of various rules which prevent people from inflicting negative externalities on each other are also part of orthodox economics. All of this assumes, usually implicitly rather than explicitly, that there is some kind of enforcement mechanism which will see to it that the rules are carried out.
Date: 2008
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Journal Article: ON THE EFFICIENT ORGANIZATION OF TRIALS (1975) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-79247-5_21
Ordering information: This item can be ordered from
http://www.springer.com/9783540792475
DOI: 10.1007/978-3-540-79247-5_21
Access Statistics for this chapter
More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().