This is a study of the way individuals organise the use of resources in order to maximise the value of their economic rights over these resources.

What guidance does academic research really provide to economic policy development? The critical and analytical surveys in this volume investigate links between

This volume showcases the impact of the work of Douglass North, winner of the Nobel Prize and father of the field of new institutional economics. Leading schola

The institution of property is as old as mankind, and property rights are today deemed vital to a prosperous economic system. Much has been written in the last