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The Political Institution of Private Property : Theories of Institutional Design - Itai Sened

The Political Institution of Private Property

Theories of Institutional Design

Hardcover Published: 28th August 1997
ISBN: 9780521572477
Number Of Pages: 220

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In this book Itai Sened provides an original analysis of the political institutions that protect property and individual rights. He argues that the origin of these rights resides in political institutions, and not in any set of moral principles. Individual rights are said to derive from a "social contract" that evolves through a political process in which governments grant and protect rights in return for political and economic support.

"Examination of the origin and extent of property rights has in recent years become a major concern of economists, lawyers, political scientists, and other scholars. This slender yet well-researched and well-argued volume continues this inquiry into property rights...an interesting book." -- Choice "This is a very timely work. Actors in the postcommunist world are creating, altering, and redistributing property rights on a scale rarely seen. Sened provides a very useful approach to study these cases. Moreover, these cases offer the opportunity to buil on Sened's impressive work." Timothy Frye, Political Science Quarterly

Classical theories of the origin of rights: the social contract
Neo-classical theories of the origin of property rights: non strategic individuals in a world without politics
A game theoretic approach: contemporary theory of institutions
A neo-liberal theory of the state: the role of government in the evolution of individual rights
A neo-liberal theory of the social contract: the role of autonomous individual agents in the evolution of rights
Political entrepreneurs: a linkage between social agents and central authorities
A case study: the grant of private property rights in air slots
Conclusion
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521572477
ISBN-10: 0521572479
Series: Theories of Institutional Design
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 220
Published: 28th August 1997
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 1.6
Weight (kg): 0.5