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Games 2017, 8(1), 4; doi:10.3390/g8010004

A Nobel Prize for Property Rights Theory

UNSW Australia Business School, College Rd, Kensington NSW 2052, Australia
Academic Editor: Ulrich Berger
Received: 30 December 2016 / Revised: 3 January 2017 / Accepted: 3 January 2017 / Published: 4 January 2017
View Full-Text   |   Download PDF [170 KB, uploaded 4 January 2017]

Abstract

This article provides a brief overview of the Property-Rights Theory of the firm, pioneered by Grossman and Hart (1986) and Hart and Moore (1990), and situates the theory in other literatures. View Full-Text
Keywords: contracts; firms; incomplete contracts; property-rights theory contracts; firms; incomplete contracts; property-rights theory
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Holden, R. A Nobel Prize for Property Rights Theory. Games 2017, 8, 4.

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