Economic Property Rights

Cambridge University Press eBooks 2026 Book chapter

View at publisher
Authors: Gary D. Libecap
DOI: 10.1017/9781009408080.003
Cited by: 0
References: 20

Abstract

Economic property rights and markets bring transaction costs efficiencies for firms, for the economy, and for addressing environmental externalities. These institutions redirect assets, promote investment, encourage search for new opportunities, enhance efficiency, inspire new organizational forms, and generally produce long-term welfare improvements. Even so, their adoption worldwide and in the Clean Water Act is limited.

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
45–62
Publication date
27 February 2026
Language
EN
Document type
Book chapter