کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
10437943 | 912447 | 2005 | 26 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Land inheritance rules: theory and cross-cultural analysis
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
This paper develops a general theory of land inheritance rules that distinguishes between two classes of rules: those allowing a testator discretion in disposing of his land (e.g., a best-qualified rule) and those constraining his choice (e.g., primogeniture). The primary benefit of the latter is to prevent rent seeking by heirs, but the cost is that the testator cannot use information about the relative abilities of his heirs to manage the land. We also account for the impact of scale economies in land use, and discuss the impact of the presence of a land market on the form of the inheritance rule. We conclude by offering some empirical tests of the model using a cross-cultural sample of societies.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 56, Issue 1, January 2005, Pages 77-102
Journal: Journal of Economic Behavior & Organization - Volume 56, Issue 1, January 2005, Pages 77-102
نویسندگان
Matthew Baker, Thomas J. Miceli,