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Cooperation, Conflict And Power In The Absence Of Property Rights

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  • SKAPERDAS, S.
Abstract
This paper examines interaction in the absence of property rights when agents face a trade-off between productive and coercive activities. In this setting, conflict is not the necessary outcome of one-time interaction and cooperation is consistent with domination of one agent over another. Other things being equal, an agent's power, a well-defined concept in this paper, is inversely related to an agent's resources when resources are valued according to marginal-productivity theory. Some implications for the evolution of property rights are drawn. The model is applicable to a variety of situations in which directly unproductive activities are prevalent. Copyright 1992 by American Economic Association.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Skaperdas, S., 1991. "Cooperation, Conflict And Power In The Absence Of Property Rights," Papers 90-91-06a, California Irvine - School of Social Sciences.
    • Handle: RePEc:fth:calirv:90-91-06a
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