TY  - BOOK
AU  - Sugden,Robert
TI  - The economics of rights, co-operation, and welfare
SN  - 0333682394
AV  - HB95 .S84 2005
U1  - 330.1 22
PY  - 2005///]
CY  - New York
PB  - Palgrave Macmillan
KW  - Free enterprise
KW  - Liberty
KW  - Property
KW  - Welfare economics
KW  - Social choice
N1  - Includes bibliographical references and index; 1; Spontaneous order --; 2; Games --; 3; Coordination --; 4; Property --; 5; Possession --; 6; Reciprocity --; 7; Free riders --; 8; Natural law --; 9; Rights, co-operation and welfare
N2  - "In The Economics of Rights, Cooperation and Welfare, Robert Sugden sets out to answer a question that lies at the heart of economics and politics: how can individuals coordinate their behaviour in the absence of central law-enforcing agencies? Using the tools of evolutionary game theory, Sugden shows how self-enforcing conventions of property and reciprocity can evolve spontaneously out of the interactions of self-interested individuals. He goes on to argue that such conventions tend to become norms, even if they arbitrarily favour some people relative to others, and even if they do not maximize social welfare."--BOOK JACKET
UR  - http://www.loc.gov/catdir/bios/hol051/2004051675.html
ER  -