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... > social science subjects > criminology and criminal justice > criminology > law and society > legal subjects > economics of property
... > social science subjects > politics and international relations > political science > law and courts > law and society > legal subjects > economics of property

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economics of property  

Definition

  • The economic analysis of property recently has become an essential tool of legal discourse. Although economists have always considered private property the foundation of capitalism, only from the last third of the twentieth century has property been the object of systematic legal-economic inquiry.Economic literature on the origins of property rights shows individuals organizing themselves in complex social organization to pursue the efficient exploitation of scarce resources and to take care of basic survival needs. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Property, Economics Of]

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https://concepts.sagepub.com/social-science/concept/economics_of_property

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