The Economics of Property Rights: Towards a Theory of Comparative Systems

• Main Author: Pejovich, Svetozar. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Dordrecht : Springer Netherlands, 1990.
• Series: International Studies in Economics and Econometrics, 22
• Subjects: Political science.; Economics.; Management science.; Economic growth.; Economic Growth.; Political Science.; Economics, general.
• Online Access: View fulltext via EzAccess

To understand recent developments in Eastern Europe requires a method of analysis that is capable of internalizing into a theoretical framework (i) the logical premises deduced from the costs of transactions and incentive structures generated by various institutions and (ii) the evidence for refutab...

Table of Contents:

• Economic Systems, Institutions and Scarcity
• Scarcity, Institutions and Economic Behavior
• The Rise of Capitalism
• The Rise of Socialism
• The Private-Property Free-Market Economy
• Basic Institutions of Capitalism
• Exchange in a Private Property Capitalist Economy
• Production in a Private Property Capitalist Economy
• The Right of Ownership and the Firm
• The Attenuated Right of Ownership and the Firm
• The Role of Financial Markets in a Private-Property, Free-Market Economy
• The Soviet-Type Economy
• The History and Development of the Soviet Union Through the 1980S
• Basic Institutions of the Soviet-Type Economy: State Ownership
• Basic Institutions of the Soviet-Type Economy: Economic Planning
• Basic Institutions of the Soviet-Type Economy: The Political and Economic Monopoly of the Politburo
• The Behavior of the Soviet-Type Firm
• Performance of the Soviet-Type Economy
• Toward the End of the Soviet-Type Economy
• The Yugoslav-Type Economy
• Basic Institutions of the Labor-Managed Economy
• The Behavior of the Labor-Managed Firm
• Failure of the Labor-Managed Type Economy.