- PII
- S042473880000616-6-1
- DOI
- 10.31857/S0000616-6-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume 48 / Issue 2
- Pages
- 40-50
- Abstract
The author considers economic systems with the property rights distributed among several agents. It is shown that outside interests of the owners make management strategies dependent on the property rights allocation. Unfortunate (Ineffective) initial allocation together with the barriers on re-allocation leads to management inefficiency.
- Keywords
- property rights, confl ict of interests, welfare, effi ciency, competition, oligopoly
- Date of publication
- 01.04.2012
- Number of purchasers
- 1
- Views
- 882