Educated Bandits: Endogenous Property Rights and Intra-Elite Distribution of Human Capital

2015 ◽  
Vol 27 (3) ◽  
pp. 404-432 ◽  
Author(s):  
Biniam E. Bedasso
Keyword(s):  
Human Capital ◽  
Property Rights ◽  
Endogenous Property Rights

scholarly journals Endogenous Property Rights

2013 ◽  
Author(s):  
Daniel Diermeier ◽  
Georgy Egorov ◽  
Konstantin Sonin
Keyword(s):  
Property Rights ◽  
Endogenous Property Rights

scholarly journals Endogenous Property Rights

2013 ◽  
Author(s):  
Daniel Diermeier ◽  
Georgy Egorov ◽  
Konstantin Sonin
Keyword(s):  
Property Rights ◽  
Endogenous Property Rights

Property Rights over Marital Transfers *

2015 ◽  
Vol 130 (3) ◽  
pp. 1421-1484 ◽  
Author(s):  
Siwan Anderson ◽  
Chris Bidner
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Property Rights ◽  
Women's Rights ◽  
Marriage Market ◽  
Women’S Rights ◽  
Market Clearing ◽  
Market Clearing Price ◽  
Shed Light

Abstract In developing countries, the extent to which women possess property rights is shaped in large part by transfers received at the time of marriage. Focusing on dowry, we develop a simple model of the marriage market with intrahousehold bargaining to understand the incentives for brides’ parents to allocate the rights over the dowry between their daughter and her groom. In doing so, we clarify and formalize the “dual role” of dowry—as a premortem bequest and as a market clearing price—identified in the literature. We use the model to shed light on the intriguing observation that in contrast to other rights, women’s rights over the dowry tend to deteriorate with development. We show how marriage payments are utilized even when they are inefficient, and how the marriage market mitigates changes in other dimensions of women’s rights even to the point where women are worse off following a strengthening of such rights. We also generate predictions for when marital transfers will disappear and highlight the importance of female human capital for the welfare of women.

HUMAN CAPITAL, PROPERTY RIGHTS, AND LABOUR MANAGED FIRMS

1993 ◽  
Vol 45 (2) ◽  
pp. 229-242 ◽  
Author(s):  
JAN ERIK ASKILDSEN ◽  
NORMAN J. IRELAND
Keyword(s):  
Human Capital ◽  
Property Rights

Universities as Engines of Development

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Shubha Ghosh
Keyword(s):  
United States ◽  
South Africa ◽  
Human Capital ◽  
Economic Development ◽  
Property Rights ◽  
The United States ◽  
University Research ◽  
Law And Development ◽  
Is Research ◽  
Economic Development And Growth

Abstract The Bayh–Dole Act was enacted in the United States in 1980 to promote economic development and growth at regional and national levels. A key engine is research generated within universities. This article addresses the question of how universities can serve as engines of development. Drawing on Cooter and Shaeffer’s work on law and development, specifically what they call the double trust problem, this article shows how the Bayh–Dole Act was justified as resolving the double trust problem arising from lack of property rights in university research. This article presents the argument that this goal of the Bayh–Dole Act ignores how universities solve another dimension of the double trust problem, namely the generation of human capital. The author examines the theoretical justifications for the Bayh–Dole Act and universities and the empirical policy literature assessing university patenting and commercialization in the United States, South Africa, and India.

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