The Implications of Economic Property Rights or Rent-Seeking in Forming Institutions
Abstract
Coase or Pigou? Economic property rights and decentralized bargaining or centralized regulation and potential rent-seeking in the political arena in confronting externalities? What are the tradeoffs if rent-seeking, not efficiency determine environmental regulation. That is the question for this volume.
Fields of Study & Subjects
Law
Economics
and Judicial Systems
Legal and Constitutional Studies
Economic Theory and Institutions
Publication details
- Journal / source
- Cambridge University Press eBooks
- Pages
- 1–22
- Publication date
- 27 February 2026
- Language
- EN
- Document type
- Book chapter