Property, Power, and Public Choice

Property, Power and Public Choice, 2nd ed. was published by Praeger, 1987.This material is copyrighted. Copyright owner is A. Allan Schmid, Department of Agricultural Economics, Michigan State University, East Lansing MI 48824.

• Introduction and Chapter 1: General Paradigm
• Ch. 2: Property in a Social Context
• Ch. 3: Incompatible Use and Exclusion Costs
• Ch. 4: Economies of Scale
• Ch. 5: Joint Impact Goods (marginal cost = zero)
• Ch. 6: Transaction Costs
• Ch. 7: Surpluses, Demand & Supply Fluctuactions, & Conclusions
• Ch. 8: Economic and Political Applications
• Ch. 9: Restatement of Paradigm
• Ch. 10: Psychology: Linkage of Structure and Performance
• Ch. 11: Rules for Choice Among Alternative Institutions
• Ch. 12: Empirical Institutional Studies
• Bibliography