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The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Toward a Theory of Property Rights

Demsetz, Harold·1974·Classic Papers in Natural Resource Economics

Abstract

When a transaction is concluded in the marketplace, two bundles of property rights are exchanged. A bundle of rights often attaches to a physical commodity or service, but it is the value of the rights that determines the value of what is exchanged. Questions addressed to the emergence and mix of the components of the bundle of rights are prior to those commonly asked by economists. Economists usually take the bundle of property rights as a datum and ask for an explanation of the forces determining the price and the number of units of a good to which these rights attach. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Metadata

Authors
Demsetz, H.
Venue
Classic Papers in Natural Resource Economics
Published
1974
Pages
163-177
OpenAlex
W2074061242
Cited by
3,816
References
1
FWCI
58.24
Type
book chapter
Language
en
Open access
closed

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CoChat. (2026). Citation check: Toward a Theory of Property Rights. https://app.cochat.ai/papers/10.1057/9780230523210_9
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Demsetz, H. (1974). Toward a Theory of Property Rights. Classic Papers in Natural Resource Economics. https://doi.org/10.1057/9780230523210_9

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