Property rights, transaction costs, and the limits of the market
CC BY
Lưu vào:
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| Định dạng: | Sách |
| Ngôn ngữ: | English |
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Springer
2023
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| Truy cập trực tuyến: | https://link.springer.com/article/10.1007/s10101-023-00290-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7851 |
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oai:localhost:PNK-78512023-04-12T09:21:38Z Property rights, transaction costs, and the limits of the market Carmine, Guerriero determinants and interaction of property rights transaction costs CC BY To clarify the determinants and interaction of property rights and transaction costs, I study the design of the property rights on either a good whose consensual transfer entails a transaction inefficiency or an upstream firm’s input whose random cost is nonverifiable and ex ante non-contractible. More disperse traders’ valuations and larger odds that the upstream party can appropriate the quasi-rent induced by contract incompleteness produce more severe transaction inefficiencies and larger incomplete contracting costs, respectively. 2023-04-12T09:21:38Z 2023-04-12T09:21:38Z 2023 Book https://link.springer.com/article/10.1007/s10101-023-00290-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7851 en application/pdf Springer |
| institution |
Digital Phenikaa |
| collection |
Digital Phenikaa |
| language |
English |
| topic |
determinants and interaction of property rights transaction costs |
| spellingShingle |
determinants and interaction of property rights transaction costs Carmine, Guerriero Property rights, transaction costs, and the limits of the market |
| description |
CC BY |
| format |
Book |
| author |
Carmine, Guerriero |
| author_facet |
Carmine, Guerriero |
| author_sort |
Carmine, Guerriero |
| title |
Property rights, transaction costs, and the limits of the market |
| title_short |
Property rights, transaction costs, and the limits of the market |
| title_full |
Property rights, transaction costs, and the limits of the market |
| title_fullStr |
Property rights, transaction costs, and the limits of the market |
| title_full_unstemmed |
Property rights, transaction costs, and the limits of the market |
| title_sort |
property rights, transaction costs, and the limits of the market |
| publisher |
Springer |
| publishDate |
2023 |
| url |
https://link.springer.com/article/10.1007/s10101-023-00290-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7851 |
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8.8926115 |