Econ 458 - The Theory of Property Rights

Institution:

Washington University in St Louis

Subject:

Description:

Develops a theory of property rights and explores the implication of various property rights structures for resource allocation and economic development. Theory developed by Ronald Coase, Harold Demsetz, Armen Alchian, Steven Cheung, and others are examined and we discuss various types of property rights such as sharecropping, slavery, and serfdom as well as property rights in modern market and socialist economies. Prerequisite: Econ 4011 (401) or consent of instructor. Please note: Requests for online registration are wait-listed. Students must sign up for this course in the Economics office, 307 Seigle. Refer to emailed advising memo from D. Petersen for further details.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.wustl.edu

Phone Number:

(314) 935-5000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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