Property Rights

Cooperation, Conflict, and Law

Edited by Terry L. Anderson and Fred S. McChesney

The institution of property is as old as mankind, and property rights are today deemed vital to a prosperous economic system. Much has been written in the last decade on the economics of the legal institutions protecting such rights. This unprecedented book provides an excellent introduction to the subject.

Terry Anderson and Fred McChesney have gathered twelve leading thinkers to explore how property rights arise, and how they bolster economic development. As the subtitle indicates, the book also examines how controversies over valuable property rights are resolved: by agreement, by violence, or by law.

This book is an introduction to the economics and law of property rights. It is divided into six parts, each featuring an introduction by the editors that integrates prior chapters and material in coming chapters. The book provides a fresh comprehensive overview accessible to anyone with a basic knowledge of economics.

Princeton University Press
41 William Street
Princeton, NJ 08540
Phone: 609-258-4900
2003
398 pp.
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Terry Anderson is the William A. Dunn Distinguished Senior Fellow and former President of PERC as well as the John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University. He believes that market approaches can be both economically sound and environmentally sensitive. His research helped launch the idea of free market...
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