Showing 1 - 3 of 3
In the New Property Rights approach the degree of incompleteness of markets is taken independently of the cost of the public ordering and of their efficiency relatively to private orderings. In this approach "public markets", similarly to a Swiss cheese, are either assumed to be non-existent...
Persistent link: https://www.econbiz.de/10005687983
The paper argues that some of the limitations and problems examined by Darwin and modern biologists in relation to the working of natural selection in the case of speciation may be one aspect of more general rules which have some counterpart in the competitive selection of organisational species...
Persistent link: https://www.econbiz.de/10005549406
After the first section, introducing some typical problems of family capitalism, the following three sections of the paper consider the ambiguity of the legal framework defining the modern corporation, the two way relation between technology and property rights and the different mechanisms by...
Persistent link: https://www.econbiz.de/10005549417