The Political Institution of Private Property
by
Itai Sened
Book Details
Format
Hardback or Cased Book
Book Series
Theories of Institutional Design
ISBN-10
0521572479
ISBN-13
9780521572477
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 24th, 1997
Print length
220 Pages
Weight
470 grams
Dimensions
16.00 x 23.70 x 2.00 cms
Product Classification:
Politics & governmentPolitics and governmentPolitical economy
Ksh 17,800.00
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An original analysis of the political institutions which protect property and individual rights.
In this book, Itai Sened examines the political institution of property and other individual rights. His argument is that the foundation of such rights is to be found in the political and economic institutions which grant and enforce them and not in any set of moral principles or 'nature'. The book further argues that individual rights are instituted through a political process, and not by any hidden market forces. The origin of rights is placed in a social contract that evolves as a political process in which governments grant and protect property and other individual rights to constituents, in return for economic and political support. Extending neo-institutional theory to the subject, and using a positive game theoretic approach in its analysis, this book is an original contribution to scholarship on the evolution of rights.
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