Economics of Property Rights and Nuisance Law

Author: David W. Barnes
Published: January 1992
Publisher: West Group
ISBN: 0314010882
Hardcover Book
Number of Pages: 87

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Table of Contents
Preface
Acknowledgments
Table of Cases
Ch. 1 Introduction 1
A Efficiency and Utility Maximization 1
B Efficiency and Wealth Maximization 6
C Comparing Utility and Wealth Maximization: The Pareto Criteria and the Role of Compensation 11
D Efficiency and Equity 17
Ch. 2 Property Rights and Nuisance Law 21
A Externalities and Inefficiency 21
B Assigning and Exchanging Rights 34
C Transaction Costs and Impediments to Bargaining 53
Index 85

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