The Property Right Paradigm
Bibliographic Data
| ID | 10097656 |
|---|---|
| Authors | Armen A Alchian (University of California, Los Angeles, corresponding author), Harold Demsetz (University of California, Los Angeles) |
| Year | 1973 |
| Volume | 33 |
| Issue | 1 |
| Pages | 16-27 |
| Publication date | 1973-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700076403 |
| OpenAlex | W2024216388 |
| Language | EN |
| Citations received | 356 |
| References cited | 4 |
Economics textbooks invariably describe the important economic choices that all societies must make by the following three questions: What goods are to be produced? How are these goods to be produced? Who is to get what is produced? This way of stating social choice problems is misleading. Economic organizations necessarily do resolve these issues in one fashion or another, but even the most centralized societies do not and cannot specify the answer to these questions in advance and in detail. It is more useful and nearer to the truth to view a social system as relying on techniques, rules, or customs to resolve conflicts that arise in the use of scarce resources rather than imagining that societies specify the particular uses to which resources will be put
Economics · Epistemology · Law and economics · Microeconomics · Positive economics · Property (philosophy · Property rights · Scarcity · Economic Theory and Institutions
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The Economic theory of agrarian institutions
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Some Aspects of Linked Product and Credit Market Contracts Among Risk‐Neutral Agents
Agricultural Producer Co‐Operatives
Land and Housing Tenure
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La disqualification économique du commun
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Mobility and control among nomadic shepherds
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| Unique citing works | 356 |
|---|---|
| Citations per year | 7,74 |
| Citation span | 1980 - 2027 (48) |
| Citation velocity | recent |
| Highly cited | Yes |
| Citation types | Neutral: 348 |