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The conventional view is that an increase in the value of a natural resource will lead private property to emerge. Many Igbo groups in Nigeria, however, curtailed private rights over palm trees in response to the palm produce trade of the nineteenth and early twentieth centuries. I present a...
Persistent link: https://www.econbiz.de/10009493279
depend on inheritance rules on the commons. Motivated by the traditional management of the commons in the Italian Alps, we … present a model that fits the evolution of property rights observed over six centuries. Women’s rights over the commons were …
Persistent link: https://www.econbiz.de/10011109076
A model of the economic system with the property rights distributed among several agents is considered. The effect of property rights allocation on the economic efficiency of the management strategies is studied.
Persistent link: https://www.econbiz.de/10011260579
By comparing the development of landownership in China and England, this paper explores what were behind their … early China has established a unique economic system that allowed free alienation of land, but it has been trying to check … strengthening and expanding of patriarchal clan system. The different development paths of China and England show the different …
Persistent link: https://www.econbiz.de/10005835578
In this study, we explore the pattern of efficiency among enterprises in China’s 29 provinces across different … ownership types in heavy and light industries and across different regions (coastal, central and western). We do so by … differences in efficiency levels among various ownership groups, especially for foreign and local ownership, which have different …
Persistent link: https://www.econbiz.de/10008534292
A game-theoretical model of the investment value formation of the instruments of corporate control (shares or stakes in equity) is formulated and analyzed. It is shown that this value depends significantly on the allocation of equity among the owners, and the on the possibilities of the...
Persistent link: https://www.econbiz.de/10011273252
of household organization very common now in Western countries: the argument is that marriage is an outdated institution …
Persistent link: https://www.econbiz.de/10011274385
of household organization very common now in Western countries: the argument is that marriage is an outdated institution …
Persistent link: https://www.econbiz.de/10011275133
This article develops a theoretical framework to examine the relationship between land tenure agreements and households’ investment in land improvement and conservation measures. It then analyzes this relationship with a multivariate probit model based on a survey data from a sample of 560...
Persistent link: https://www.econbiz.de/10009652030
The goal of the paper is to investigate the extent of the influence of American antitrust tradition on the foundation and early years of European competition policy. This as part of a wider research program aiming at assessing the role of economic theory in the development of antitrust law and...
Persistent link: https://www.econbiz.de/10009323937