The Political Economy of Customs and Culture : Informal Solutions to the Commons Problem Hardback
Edited by Terry L. Anderson, Randy, principal, Peoria Notre Dame High School, Peoria, Illinois Simmons
Part of the The Political Economy Forum series
Hardback
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Description
Since the writings of Adam Smith, economists have understood the important role that private property rights play in a well functioning economic system. Without well-defined, enforced, and transferable property rights, the tragedy of the commons is said to result as in the classic case of over-fishing and over-grazing. This book challenges this narrow view of property rights by examining the role of informal constraints imposed by customs and culture.
Recognizing that a great deal of human interaction takes place in the absence of individually specified rights, the authors challenge the notion that tragedy is inevitable within the commons.
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Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Hardback
- Pages:260 pages
- Publisher:Rowman & Littlefield
- Publication Date:16/03/1993
- Category:
- ISBN:9780847677863
Information
-
Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Hardback
- Pages:260 pages
- Publisher:Rowman & Littlefield
- Publication Date:16/03/1993
- Category:
- ISBN:9780847677863
