期刊名称:Discussion Papers / Department of Economics, University of Essex
出版年度:2002
卷号:2002
出版社:University of Essex
摘要:This paper studies the origins of one of the most basic
of property rights, namely, the right of an individual or an orga-
nization to the fruits of its labour. My objective is to address the
questions of why, when and how this property right can emerge
and be made secure. I develop a model of the strategic interaction
between two players in the state-of-nature, which is an environ-
ment characterized by the absence of any laws and institutions
(including property rights and the state). My analyses explores, in
particular, the roles of the players’ fighting and productive skills on
the emergence and security (or otherwise) of this property right