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Free access versus private property in a resource : income distributions compared
De Meza, David E. - In: Journal of political economy 95 (1987) 6, pp. 1317-1325
Persistent link: https://www.econbiz.de/10001053463
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Appropriability, investment incentives and the property rights theory of the firm
Meza, David de (contributor); Lockwood, Ben (contributor) - 2003
Persistent link: https://www.econbiz.de/10001824610
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Does Asset Ownership Always Motivate Managers? Outside Options and the Property Rights Theory of the Firm
de Meza, David; Lockwood, Ben - 2001
This paper studies the Grossman-Hart-Moore (GHM) "property rights" approach to the theory of the firm under alternating-owners bargaining. When managers can pursue other occupations whilst negotiating over the division of the gains from cooperation, the GHM results obtain. If taking the best...
Persistent link: https://www.econbiz.de/10014068770
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Does Asset Ownership Always Motivate Managers? Outside Options and the Property Rights Theory of the Firm
de Meza, David; Lockwood, Ben - 2009
This paper studies the Grossman-Hart-Moore (GHM) "property rights" approach to the theory of the firm under alternating-owners bargaining. When managers can pursue other occupations whilst negotiating over the division of the gains from cooperation, the GHM results obtain. If taking the best...
Persistent link: https://www.econbiz.de/10014073635