Home » Contracting for Property Rights by Gary D. Libecap
Contracting for Property Rights Gary D. Libecap

Contracting for Property Rights

Gary D. Libecap

Published January 26th 1990
ISBN : 9780521366205
Hardcover
132 pages
Enter the sum

 About the Book 

In this book the author examines the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements. The histories of mineral rights, rights to range and timber land, and fishery and crude oil production rights in the United States are examined and reveal a surprising variety of contractual negotiations and economic outcomes. The author concludes that in addition to an analysis of distributional outcomes, an examination of the details of the political bargaining underlying property rights contracts is essential to an understanding of why rights emerge as they do. The book is an important contribution to both property rights theory and to American economic history.