How Long to Read Economic Analysis of Property Rights

How Long Does it Take to Read Economic Analysis of Property Rights?

It takes the average reader 5 hours and 2 minutes to read Economic Analysis of Property Rights by Yoram Barzel

Assuming a reading speed of 250 words per minute. Learn more

Description

The standard neoclassical model of economics is incapable of explaining why one form of organization arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of economic property rights, and they always exist. Economic Analysis of Property Rights is a study of how individuals organise resources to maximise the value of their economic rights over these resources. It offers a unified theoretical structure to deal with exchange, rights formation, and organisation that traditional economic theory often ignores. It explains how transaction costs can be reduced through reorganization and, in the end, how the distribution of property rights that exists is the one that maximizes wealth net of these transaction costs. This necessary hypothesis explains much of the puzzling organizations and institutions that exist now and have existed in the past.

How long is Economic Analysis of Property Rights?

Economic Analysis of Property Rights by Yoram Barzel is 301 pages long, and a total of 75,551 words.

This makes it 102% the length of the average book. It also has 92% more words than the average book.

How Long Does it Take to Read Economic Analysis of Property Rights Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 52 minutes to read Economic Analysis of Property Rights aloud.

What Reading Level is Economic Analysis of Property Rights?

Economic Analysis of Property Rights is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Economic Analysis of Property Rights?

Economic Analysis of Property Rights by Yoram Barzel is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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