Economia
Como surgem os direitos de propriedade?
Belo paper do grande Herschel Grossman (pdf): Property Rights under Anarchy
Resumo: Traditionally, general-equilibrium models have taken effective property rights to be given and have been concerned only with analyzing the allocation of resources among productive uses and the distribution of the resulting product. But, this formulation of the economic problem is incomplete because it neglects that the appropriative activities by which people create the effective property rights that inform allocation and distribution are an alternative to productive activities. This paper develops two canonical general-equilibrium models that allow for the allocation of time and effort to the creation of effective property rights to valuable resources. In one model the valuable resources are initially in a common pool. In the other model agents initially have nonoverlapping claims to the valuable resources. For both models the analysis reveals how the amount of time and effort that agents allocate to appropriative activities depends on the environment for creating effective property rights, on the technology of production, and on the scale of the economy. The paper also analyzes the security of initial claims to valuable resources and speculates about why initial claims sometimes are perfectly secure.
- Tecnologia
The Mismeasure of Technology "... governments promote schooling, free trade, property rights, social programs, and the Internet, and yet their countries’ economies remain stuck. If technology is just devices and ideas, what is holding them back? The...
- O Mito Do Desenvolvimento Sustentável
A POVERTY OF REASON Sustainable Development and Economic Growth By Wilfred Beckerman Environmental activists, politicians and celebrities have touted the wisdom of “sustainable development” as though its meaning and value were clear. But...
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Mais Walter Williams Esta lição 8 do Walter Williams está muito boa. Principalmente para os que não entendem muito de economia. Trecho: Economic theory is broadly applicable. However, a society's property-rights structure influences how...
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Baita artigo! Samuel Bowles, um dos autores preferidos do Monastério, tem este sensacional working paper. Leia-o com Acrobat Reader. The First Property Rights Revolution, with Jung-Kyoo Choi. (Santa Fe Institute Working Paper 2002, #02-11-061) ...
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Jabá, música, Levine, Solow e Quah: o que todos têm em comum? Leonardo Monastério, meu colega neste site, em alguns posts passados (muito bons, como sempre), andou preocupado com a questão do mercado musical. Bem, aqui vai um link para leitura...
Economia
Como surgem os direitos de propriedade?
Belo paper do grande Herschel Grossman (pdf): Property Rights under Anarchy
Resumo: Traditionally, general-equilibrium models have taken effective property rights to be given and have been concerned only with analyzing the allocation of resources among productive uses and the distribution of the resulting product. But, this formulation of the economic problem is incomplete because it neglects that the appropriative activities by which people create the effective property rights that inform allocation and distribution are an alternative to productive activities. This paper develops two canonical general-equilibrium models that allow for the allocation of time and effort to the creation of effective property rights to valuable resources. In one model the valuable resources are initially in a common pool. In the other model agents initially have nonoverlapping claims to the valuable resources. For both models the analysis reveals how the amount of time and effort that agents allocate to appropriative activities depends on the environment for creating effective property rights, on the technology of production, and on the scale of the economy. The paper also analyzes the security of initial claims to valuable resources and speculates about why initial claims sometimes are perfectly secure.
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- Tecnologia
The Mismeasure of Technology "... governments promote schooling, free trade, property rights, social programs, and the Internet, and yet their countries’ economies remain stuck. If technology is just devices and ideas, what is holding them back? The...
- O Mito Do Desenvolvimento Sustentável
A POVERTY OF REASON Sustainable Development and Economic Growth By Wilfred Beckerman Environmental activists, politicians and celebrities have touted the wisdom of “sustainable development” as though its meaning and value were clear. But...
-
Mais Walter Williams Esta lição 8 do Walter Williams está muito boa. Principalmente para os que não entendem muito de economia. Trecho: Economic theory is broadly applicable. However, a society's property-rights structure influences how...
-
Baita artigo! Samuel Bowles, um dos autores preferidos do Monastério, tem este sensacional working paper. Leia-o com Acrobat Reader. The First Property Rights Revolution, with Jung-Kyoo Choi. (Santa Fe Institute Working Paper 2002, #02-11-061) ...
-
Jabá, música, Levine, Solow e Quah: o que todos têm em comum? Leonardo Monastério, meu colega neste site, em alguns posts passados (muito bons, como sempre), andou preocupado com a questão do mercado musical. Bem, aqui vai um link para leitura...